Deutsche Bank AG Acquires 12,386 Shares of Socket Mobile, Inc. (SCKT)

Deutsche Bank AG boosted its holdings in shares of Socket Mobile, Inc. (NASDAQ:SCKT) by 36.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,487 shares of the company’s stock after acquiring an additional 12,386 shares during the period. Deutsche Bank AG’s holdings in Socket Mobile were worth $166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Shares of Socket Mobile stock opened at $2.80 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 0.07. Socket Mobile, Inc. has a 1 year low of $2.62 and a 1 year high of $4.59. The stock has a market cap of $15.99 million, a price-to-earnings ratio of 30.22 and a beta of -0.85.

Socket Mobile (NASDAQ:SCKT) last issued its earnings results on Thursday, April 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.10). Socket Mobile had a positive return on equity of 3.59% and a negative net margin of 10.40%. The business had revenue of $3.98 million for the quarter.

About Socket Mobile

Socket Mobile, Inc produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in mobile point of sale, enterprise mobility, asset tracking, control systems, logistics, event management, medical, and education.

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