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Westell Technologies Inc. (OTCMKTS:WSTL) Stock Extends Rally: Company Unveils New ProtectLink™

Madison Hall , , , ,

Westell Technologies Inc. (OTCMKTS:WSTL) was up 4%, and it is up 10% in a week. The high-performance in-buildings solutions provider has unveiled a new series of VHF and UHF Bi-Directional Amplifiers in the ProtectLink line of private land mobile radio and public safety services.

Market Stats

On Friday, WSTL stock gained 4.20% to  $1.37 with more than 400 shares, compared to its average volume of 8.8K shares. The stock moved within a range of $1.3400 – 1.3700 after opening trading at $1.37.

Westell® Unveils New ProtectLink™ UHF & VHF Series of Bi-Directional Amplifiers

The ProtectLink products offer effortless in-building communication coverage even in the most challenging environments. In addition, ProtectLink, which is listed to UL 2524 In-Building 2-Way Emergency Radio Communication Enhancement System, meets the current standards, regulations, and guidelines of the International Fire Code (IFC) and National Fire Protection.

The company’s Worldwide Sales SVP, J.J. Swartwood, said they are working to backup first responders with communication standards meeting or exceeding all public safety standards. With ERCES enforcements and mandates becoming more stringent, the ProtectLink products, support staff, and sales team are better positioned to support the essential infrastructural networks. Swartwood said they are looking forward to educating the market about their BDAs. So in the coming weeks, WSTL is worth watching.

Key Quote

“We’re working to back up our first responders with communications systems that meet or exceed all standards set by the public safety experts in this field. As ERCES enforcement and mandates become more stringent, our ProtectLink products, sales team, and support staff are positioned to support these important, critical infrastructure networks. We look forward to educating the market about our industry-leading BDAs that are easy to install, software upgradable products that meet or exceed current industry standards,” said J. J. Swartwood, Westell Sr. Vice President of Worldwide Sales.

Traders Corner

WSTL stock is trading below the 20-Day and 50-Day Moving averages of $1.26 and $1.27 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.07.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.