Extreme Networks Inc. (EXTR) recent quarterly performance of 14.88% is not showing the real picture

As on Wednesday, Extreme Networks Inc. (NASDAQ: EXTR) got off with the flyer as it spiked 0.33% to $14.98, before settling in for the price of $14.93 at the close. Taking a more long-term approach, EXTR posted a 52-week range of $10.49-$25.51.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 3.08%. Meanwhile, its Annual Earning per share during the time was -24.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 24.48%. This publicly-traded company’s shares outstanding now amounts to $130.28 million, simultaneously with a float of $126.41 million. The organization now has a market capitalization sitting at $1.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.30, while the 200-day Moving Average is $13.42.

Extreme Networks Inc. (EXTR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Communication Equipment industry. Extreme Networks Inc.’s current insider ownership accounts for 3.01%, in contrast to 94.77% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s PRESIDENT AND CEO sold 35,725 shares at the rate of 15.02, making the entire transaction reach 536,703 in total value, affecting insider ownership by 1,448,378.

Extreme Networks Inc. (EXTR) Earnings and Revenue Records

Extreme Networks Inc.’s EPS increase for this current 12-month fiscal period is 24.48% and is forecasted to reach 1.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -24.85% growth it accomplished over the previous five years trading on the market.

Extreme Networks Inc. (NASDAQ: EXTR) Trading Performance Indicators

Let’s observe the current performance indicators for Extreme Networks Inc. (EXTR). It’s Quick Ratio in the last reported quarter now stands at 0.63. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.75. Similarly, its price to free cash flow for trailing twelve months is now 52.25.

In the same vein, EXTR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.67, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 1.01 at the market close of one year from today.

Technical Analysis of Extreme Networks Inc. (EXTR)

Through scrutinizing the latest numbers posted by the [Extreme Networks Inc., EXTR], it can be observed that its last 5-days Average volume of 1.36 million was lower the volume of 1.99 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 50.99% While, its Average True Range was 0.55.

Raw Stochastic average of Extreme Networks Inc. (EXTR) in the period of the previous 100 days is set at 80.59%, which indicates a major rise in contrast to 67.59% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.19% that was higher than 39.05% volatility it exhibited in the past 100-days period.