Top 5G Stocks To Watch Now – November 6th

KT, Ceva, Mobix Labs, Radcom, and Franklin Wireless are the five 5G stocks to watch today, according to MarketBeat’s stock screener tool. “5G stocks” are shares of companies that may benefit from the development and adoption of fifth-generation wireless networks. They can include telecommunications providers, network-equipment makers, and chip or device companies; the term is an informal investing label, not a formal market classification. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

KT (KT)

KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.

Shares of KT stock traded up $0.53 during trading hours on Friday, hitting $18.91. 888,218 shares of the company were exchanged, compared to its average volume of 1,693,911. The company has a current ratio of 1.13, a quick ratio of 1.08 and a debt-to-equity ratio of 0.35. KT has a 1 year low of $16.59 and a 1 year high of $24.58. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 10.16, a P/E/G ratio of 4.50 and a beta of 0.62. The business has a 50-day moving average of $18.81 and a 200-day moving average of $19.85.

Ceva (CEVA)

CEVA, Inc. provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 – 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices.

Shares of CEVA stock traded up $2.14 during mid-day trading on Friday, hitting $26.70. 170,495 shares of the company’s stock were exchanged, compared to its average volume of 638,750. Ceva has a fifty-two week low of $17.02 and a fifty-two week high of $51.60. The stock has a 50-day simple moving average of $30.51 and a two-hundred day simple moving average of $30.58. The stock has a market cap of $751.82 million, a price-to-earnings ratio of -67.07 and a beta of 1.98.

Mobix Labs (MOBX)

Mobix Labs, Inc., a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.

Mobix Labs stock traded down $0.03 during mid-day trading on Friday, hitting $0.53. The stock had a trading volume of 486,864 shares, compared to its average volume of 5,181,188. The stock has a 50-day simple moving average of $0.89 and a two-hundred day simple moving average of $2.22. Mobix Labs has a 12 month low of $0.50 and a 12 month high of $13.30. The stock has a market capitalization of $9.00 million, a PE ratio of -0.08 and a beta of -0.72.

Radcom (RDCM)

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.

Shares of NASDAQ RDCM traded up $0.12 during midday trading on Friday, hitting $10.04. The company’s stock had a trading volume of 13,555 shares, compared to its average volume of 133,543. The stock has a fifty day moving average price of $10.21 and a 200 day moving average price of $12.08. The firm has a market capitalization of $171.34 million, a price-to-earnings ratio of 23.87 and a beta of 0.77. Radcom has a one year low of $9.40 and a one year high of $16.74.

Franklin Wireless (FKWL)

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.

Franklin Wireless stock traded down $0.13 during trading hours on Friday, hitting $2.10. The company had a trading volume of 26,253 shares, compared to its average volume of 17,314. The company has a 50-day moving average price of $2.32 and a two-hundred day moving average price of $3.00. The firm has a market cap of $24.74 million, a P/E ratio of -5.25 and a beta of 0.44. Franklin Wireless has a 1 year low of $2.09 and a 1 year high of $5.19.