Comtech Telecommunications Corp. (CMTL) Soars 5.53% on March 28

Comtech Telecommunications Corp. (CMTL) Soars 5.53% on March 28

Comtech Telecommunications Corp. (CMTL) had a good day on the market for Thursday March 28 as shares jumped 5.53% to close at $22.69. About 328,007 shares traded hands on 3,531 trades for the day, compared with an average daily volume of n/a shares out of a total float of 24.13 million. After opening the trading day at $21.48, shares of Comtech Telecommunications Corp. stayed within a range of $22.74 to $21.48.

With today’s gains, Comtech Telecommunications Corp. now has a market cap of $547.42 million. Shares of Comtech Telecommunications Corp. have been trading within a range of $36.94 and $20.95 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Comtech Telecommunications Corp is a provider of advanced communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Commercial Solutions, and Government Solutions Segment.

Comtech Telecommunications Corp. is based out of Melville, NY and has some 1,852 employees. Its CEO is Fred Kornberg.

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