Wytec International Inc. (WYTC)
Wytec International Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in San Antonio, TX, US. The stock last traded at $1.70, up 8.28% on the session, giving a market capitalisation of $27.4M. On trailing twelve-month figures it carries a trailing P/E of -17.00, a net margin of -7397.5%. Its beta of -1.24 implies it has historically moved less than the broad market.
Wytec International, Inc. specializes in engineering and deploying compact cellular infrastructure and broad-reaching network solutions crucial for 5G expansion throughout the United States. The company also handles the creation, manufacturing, and installation of Wi-Fi systems for a diverse clientele, including municipal governments, mobile service providers, national telecommunications firms, and corporate enterprises. A prominent offering is their LPN-16 local area network platform, which facilitates an array of transmission and networking services for wireless data, video, and voice communications, Voice over IP (VoIP), an emergency services portal, mesh networking, single and multi-channel transmissions, and Wi-Fi access, among other similar functionalities. Additionally, Wytec provides in-building cellular connectivity, private LTE networks, and operates as a mobile virtual network operator. Founded in 2011, the company is headquartered in San Antonio, Texas.
Wytec International Inc. is most often compared with the following Communication Services names: