Wireless Telecom Group (WTT) Raised to “C” at TheStreet

Wireless Telecom Group (NYSEAMERICAN:WTT) was upgraded by TheStreet from a “d+” rating to a “c” rating in a report released on Friday, December 1st.

Wireless Telecom Group (NYSEAMERICAN WTT) remained flat at $$2.20 during mid-day trading on Friday. 10,400 shares of the company traded hands, compared to its average volume of 52,309. Wireless Telecom Group has a 1 year low of $1.30 and a 1 year high of $2.45.

A hedge fund recently bought a new stake in Wireless Telecom Group stock. Essex Investment Management Co. LLC purchased a new stake in Wireless Telecom Group Inc (NYSEAMERICAN:WTT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 239,532 shares of the technology company’s stock, valued at approximately $400,000. Essex Investment Management Co. LLC owned about 1.07% of Wireless Telecom Group at the end of the most recent reporting period.

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About Wireless Telecom Group

Wireless Telecom Group, Inc designs and manufactures radio frequency and microwave-based products for wireless and communications industries. It markets its products and services under the brand names, Boonton, Microlab and Noisecom. It serves commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity, worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.

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