Blonder Tongue Laboratories Inc (BDRL)

[TFMG]

RISKY MOVE BDR PUSH DUE TO NEWS ANNOUNCEMENT

Blonder Tongue Laboratories, Inc. (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports. Blonder Tongue's products are divided into three categories: Digital Video Headend, Analog Video Headend and Hybrid-Fiber Coax ( HFC ) Distribution. The Digital Video Headend products (including encoders) are used by a system operator for acquisition, processing, compression, encoding and management of digital video. The Analog Video Headend products are used by a system operator for signal acquisition, processing and manipulation. The HFC Distribution products are used to transport signals from the headend to their destination.

SHORT INTEREST
1.55K 07/15/19

P/E Current
-6.05

P/E Ratio (with extraordinary items)
2.26

News:

Blonder Tongue Laboratories Inc. (NYSE American: BDR ) is excited to announce the release of its new NXG CryptoLinktm for MobiTV. The NXG CryptoLinktm for MobiTV allows Cable, Fiber Optic and Telco Operators using the MobiTV video delivery platform a way to support B-B and Hospitality video services directly from their local IPTV distribution networks.

https://finance.yahoo.com/news/blonder-t...