Initiates Coverage on Blonder Tongue Laboratories (NYSE:BDR)

Investment analysts at began coverage on shares of Blonder Tongue Laboratories (NYSE:BDRGet Rating) in a research report issued on Sunday. The brokerage set a “hold” rating on the stock.

Blonder Tongue Laboratories Stock Performance

Blonder Tongue Laboratories has a 12 month low of $0.28 and a 12 month high of $1.91. The company’s 50-day simple moving average is $0.32.

About Blonder Tongue Laboratories

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Blonder Tongue Laboratories, Inc operates as a technology development and manufacturing company, which engages in delivering television signal encoding, transcoding, digital transport, and broadband product solutions for applications. It also offers system operators and integrators serving the cable, broadcast, satellite, institutional, and professional video markets with solutions for the provision of content contribution, distribution, and video delivery to homes and businesses.

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