Company Shares of Blonder Tongue Laboratories (NYSEMKT:BDR) Rally 11.77%

Blonder Tongue Laboratories (NYSEMKT:BDR) : Traders are bullish on Blonder Tongue Laboratories (NYSEMKT:BDR) as it has outperformed the S&P 500 by a wide margin of 27.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.35%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 11.77% in the last 1 week, and is up 29.58% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -27.85% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $1.10 and the one year low was seen on May 17, 2016. The 50-Day Moving Average price is $0.42 and the 200 Day Moving Average price is recorded at $0.41.

The stock has recorded a 20-day Moving Average of 28.87% and the 50-Day Moving Average is 38.09%.


Blonder Tongue Laboratories (NYSEMKT:BDR): stock turned positive on Friday. Though the stock opened at $0.52, the bulls momentum made the stock top out at $1.1 level for the day. The stock recorded a low of $0.5144 and closed the trading day at $0.57, in the green by 18.75%. The total traded volume for the day was 1,243,574. The stock had closed at $0.48 in the previous days trading.

In an insider trading activity, Palle Robert J Jr, CEO of Blonder Tongue Laboratories Inc, executed a transaction worth $1,741 on December 17, 2015. A total of 4,352 shares were purchased at an average price of $0.4. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Blonder Tongue Laboratories, Inc. is a technology-development and manufacturing company. The Company together with its wholly owned subsidiary, R. L. Drake Holdings, LLC, offers products and services to the cable entertainment and media industry. The Company offers television signal encoding, transcoding, digital transport and broadband product solutions throughout the United States and Canada. Three categories account for the majority of the Companys revenue: Digital Video Headend products, Analog Video Headend products and HFC Distribution products. The customers of the Company include business entities installing private video and data networks in the environments, cable television operators, telecom or satellite providers, integrators, architects, engineers or the next generation of Internet Protocol Television (IPTV) streaming video providers.

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