Acting CFO of Micronetics Inc. Carl Laurence Lueders buys 2,134 shares of NOIZ on 08/19/2009 at an average price of $2.75 a share.
Micronetics operating through its Defense Electronics Group manufactures microwave and radio frequency components and integrated subassemblies used in a variety of defense aerospace and commercial applications. Operating through its Test Solutions Noise Products and VCO Products Groups Micronetics manufactures and designs test equipment and components that are utilized in or test the strength durability and integrity of communication signals in communications equipment. Micronetics Inc. has a market cap of $12.2 million; its shares were traded at around $2.7 with and P/S ratio of 0.4. Micronetics Inc. had an annual average earning growth of 9.8% over the past 5 years.
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