Disclosure Insight Maintains Medium Risk Rating on Comtech Telecommunications Corp.

A report from Disclosure Insight reiterates its Medium Risk Negative Bias rating on Comtech Telecommunications Corp. CMTL. The report states, “Concentrated revenue; a related party transaction; patent infringement litigation; and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Negative Bias rating on CMTL. The U.S. government and its prime contractors accounted for approximately 62% of FY11 net sales.” CMTL closed yesterday at $30.29.