Optex Systems (NASDAQ:OPXS) Posts Earnings Results

Optex Systems (NASDAQ:OPXS) issued its quarterly earnings results on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. Optex Systems had a net margin of 11.08% and a return on equity of 22.21%.

Optex Systems Stock Down 2.6 %

Shares of OPXS opened at $6.58 on Monday. The stock’s fifty day simple moving average is $7.26 and its 200-day simple moving average is $7.85. The firm has a market capitalization of $45.37 million, a PE ratio of 11.95 and a beta of 0.34. Optex Systems has a 12-month low of $5.52 and a 12-month high of $10.30.

Insider Buying and Selling

In related news, insider Topline Capital Management, Ll sold 12,488 shares of Optex Systems stock in a transaction on Friday, December 27th. The stock was sold at an average price of $7.01, for a total transaction of $87,540.88. Following the completion of the sale, the insider now directly owns 793,575 shares of the company’s stock, valued at $5,562,960.75. The trade was a 1.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 30.30% of the company’s stock.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.