Deutsche Bank AG Has $39,000 Stock Position in Communications Systems, Inc. (NASDAQ:JCS)

Deutsche Bank AG reduced its holdings in shares of Communications Systems, Inc. (NASDAQ:JCS) by 36.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 19,300 shares of the communications equipment provider’s stock after selling 10,889 shares during the period. Deutsche Bank AG owned approximately 0.21% of Communications Systems worth $39,000 as of its most recent filing with the SEC.

Communications Systems stock traded up $0.11 during trading on Monday, reaching $3.12. The company had a trading volume of 17,700 shares, compared to its average volume of 9,369. The company has a quick ratio of 2.64, a current ratio of 4.22 and a debt-to-equity ratio of 0.01. Communications Systems, Inc. has a 12-month low of $2.03 and a 12-month high of $3.99. The business’s 50 day moving average price is $2.90. The stock has a market capitalization of $28.95 million, a price-to-earnings ratio of -4.37 and a beta of 0.90.

Communications Systems (NASDAQ:JCS) last posted its earnings results on Monday, May 6th. The communications equipment provider reported $0.03 EPS for the quarter. Communications Systems had a negative net margin of 7.14% and a negative return on equity of 10.14%. The business had revenue of $16.72 million for the quarter. Equities analysts expect that Communications Systems, Inc. will post 0.02 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a dividend of $0.02 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.56%. Communications Systems’s payout ratio is currently -11.27%.

Several analysts recently commented on the stock. ValuEngine cut shares of Communications Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, May 15th. Northland Securities set a $5.00 price target on shares of Communications Systems and gave the stock a “buy” rating in a report on Tuesday, May 14th.

About Communications Systems

Communications Systems, Inc, through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company's Transition Networks segment designs, assembles, and markets media converters, NIDs, network interface cards, Ethernet switches, small form factor pluggable modules, and other connectivity products under the Transition Networks brand name.

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