xG Technology, Inc. (XGTI) Sets Yearly Low

June 29, 2018 - By Mark Williams

xG Technology, Inc. (NASDAQ:XGTI) Corporate Logo

Today 52 week low was broke into by xG Technology, Inc. (NASDAQ:XGTI) with $0.63 PT or 3.00 % below today’s $0.65 share price. The 52 week low was reported on Jun, 29 by Barchart.com. The company has $10.50 million market cap. The company’s valuation will be $314,910 less at $0.63 PT.

The stock increased 1.53% or $0.01 during the last trading session, reaching $0.65.Currently xG Technology, Inc. is downtrending after 61.96% change in last June 29, 2017. XGTI has 97,268 shares volume. XGTI underperformed by 74.53% the S&P500.

There’s an important xG Technology, Inc. (NASDAQ:XGTI) news brought out by Streetinsider.com. It’s an item titled: “xG Technology (XGTI) IMT Vislink Business Secures $2.3M Contract to Supply Professional US Sports Association with …” on June 19, 2018.

xG Technology, Inc. designs, develops, and delivers advanced wireless communications solutions worldwide.The company has $10.50 million market cap. It offers electronic news gathering, wireless camera, portable microwave, and fixed point to point systems for the broadcasting market; wireless camera systems and mobile radios for the sports and entertainment market; and wireless video solutions, including manned and unmanned aerial and ground systems, mobile and handheld receive systems, and transmitters for the government/surveillance market.Currently it has negative earnings. The firm also provides microwave radio components, and satellite communication and associated amplifier products.

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