Dimensional Fund Advisors LP Purchases 17,469 Shares of Franklin Wireless Corp. (NASDAQ:FKWL)

Dimensional Fund Advisors LP boosted its holdings in Franklin Wireless Corp. (NASDAQ:FKWL) by 74.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,968 shares of the company’s stock after buying an additional 17,469 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.35% of Franklin Wireless worth $149,000 at the end of the most recent reporting period.

Franklin Wireless Stock Down 0.6 %

Shares of Franklin Wireless stock opened at $4.28 on Wednesday. The company has a market cap of $50.44 million, a PE ratio of -13.81 and a beta of 0.18. Franklin Wireless Corp. has a 52 week low of $2.69 and a 52 week high of $4.59. The business has a 50 day moving average price of $4.21 and a 200-day moving average price of $3.62.

Franklin Wireless Company Profile

Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.