A Sneak Peek At Magal Security Systems Ltd. ($MAGS) 3Q20 Earnings

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Magal Security Systems Ltd. (NASDAQ:MAGS) is reporting third quarter financial results on Monday 16th November 2020, before market open.

Previous Quarter Performance

Magal Security Systems Ltd. outlined income for the second quarter of $ 0.01 per share, from the revenue of $ 16.37 million.

Stock Performance

On Friday, shares of Magal Security Systems Ltd. has traded high as $ 3.73 and has cracked $ 3.60 on the downward trend, reaching $ 3.72 with volume of 21.60 thousand shares.

According to the previous trading day, closing price of $ 3.72, representing a 50.00 % increase from the 52 week low of $ 2.46 and a 17.08 % decrease over the 52 week high of $ 4.45.

The company has a market capital of $ 86.13 million and is part of the Industrials sector and Security & Protection Services industry.

Conference Call

Magal Security Systems Ltd. will be hosting a conference call at 10:00 AM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-877-407-9716 Toll Free or 1-201-493-6779 (International), and the passcode is 13712737 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website magalsecurity.com

Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. It operates through three segments: Perimeter Products, Turnkey Projects, and Video and Cyber Security.