Conolog Corporation (NASDAQ:CNLG) jumped 81.40% up to $2.34 with volume surging after the company put out news that CNLG has begun production and sale of its proprietary “GlowWorm” fibe optic detector. Marc Benou, President of Conolog had this to say, “This application of passive detection technology is unique to Conolog and will allow utilities and other customers to quickly determine the source of a fiber optic signal failure”. CNLG appears to be undervalued at this price range according to analyst on Wall Street as it is trading well above its 200 day moving average of $1.52. Headquartered in Somerville, New Jersey, Conolog Corporation is an electronics design, engineering and manufacturing company specializing in Hi-Reliability communications equipment and components for the US military.
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Wall Street Grand LLC, a leading investment newsletter is pleased to announce to the investment community and Wall Street Grand members a new hot stock to watch. Conolog Corporation is currently trading under the symbol Nasdaq: CNLG and is drumming up major attention from Wall Street and Main Street Alike. Wall Street Grand provides market moving news for the best investment opportunities available for its members. Join today to learn more about Conolog Corporation and other golden trade ideas.
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