California Amplifier, Inc.

Sector:

Electronic Technology

Industry:

Telecommunications Equipment

Employees:

887

Background

California Amplifier, Inc. (CAMP) is a micro-cap technology company with a market capitalization of $145 million as of Oct. 3, 2022. It is engaged in the provision of wireless access and computer technologies.

In May 2021, CAMP stock began its rollover. From a high of $14.51, it fell to a low of $3.82 in September 2022. It should be noted that this low is around the prior lows of March 2020. Traders should therefore be watching carefully to see if the price level will hold. If it does, as the positive divergence with the MACD suggests it might, this could be the beginning of a rebound for this beaten-down stock. However, there are no guarantees in technical analysis. The stock needs to do a lot more work to prove itself worthy of a long position.

Overview

CalAmp Corp. engages in delivering of wireless access and computer technologies. It provides Internet of Things (IoT) enablement solutions for a broad array of mobile and fixed applications serving multiple vertical markets worldwide. It offers solutions for mobile resource management and applications for the broader IoT market, enabling customers to optimize their operations by collecting, monitoring and efficiently reporting business-critical data and desired intelligence from high-value remote and often mobile assets. The company segments include Telematics System and Software and Subscription Services. CalAmp was founded in 1981 and is headquartered in Irvine, CA.

About Them

IMPROVE EFFICIENCY, SAFETY AND VISIBILITY

CalAmp provides flexible solutions to help organizations worldwide monitor, track and protect their vital assets. They enable transportation and logistics, government, industrial and vehicle manufacturers to improve efficiency, safety, visibility and compliance using best-in-class SaaS solutions tailored for their business.