Shares of NASDAQ LTRX opened at $3.56 on Friday. The firm has a market capitalization of $79.57 million, a PE ratio of 27.77 and a beta of 0.73. The firm’s 50 day moving average price is $3.48. Lantronix has a 52-week low of $2.34 and a 52-week high of $6.47.
In other Lantronix news, Director Paul F. Folino sold 32,780 shares of Lantronix stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $3.40, for a total value of $111,452.00. Following the transaction, the director now owns 68,083 shares of the company’s stock, valued at $231,482.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 43.30% of the company’s stock.
Lantronix, Inc provides secure data access and management solutions for Internet of Things (IoT) assets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access.
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