Calix Inc (CALX) kicked off at the price of $33.23: Venture capitalists have an exciting new opportunity

Calix Inc (NYSE: CALX) kicked off on Friday, up 3.46% from the previous trading day, before settling in for the closing price of $32.12. Over the past 52 weeks, CALX has traded in a range of $26.76-$45.15.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Technology Sector giant was 19.35%. While this was happening, its average annual earnings per share was recorded -67.16%. With a float of $59.19 million, this company’s outstanding shares have now reached $65.05 million.

Let’s determine the extent of company efficiency that accounts for 1760 employees. In terms of profitability, gross margin is 51.03%, operating margin of -3.72%, and the pretax margin is -2.45%.

Calix Inc (CALX) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Calix Inc is 10.75%, while institutional ownership is 86.52%. The most recent insider transaction that took place on Nov 04 ’24, was worth 885,500. In this transaction Director of this company sold 25,000 shares at a rate of $35.42, taking the stock ownership to the 2,189,188 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 25,000 for $35.37, making the entire transaction worth $884,139.

Calix Inc (CALX) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -67.16% per share during the next fiscal year.

Calix Inc (NYSE: CALX) Trading Performance Indicators

Take a look at Calix Inc’s (CALX) current performance indicators. Last quarter, stock had a quick ratio of 3.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.56. Likewise, its price to free cash flow for the trailing twelve months is 44.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.69 in one year’s time.

Technical Analysis of Calix Inc (CALX)

Looking closely at Calix Inc (NYSE: CALX), its last 5-days average volume was 1.85 million, which is a jump from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 61.39%. Additionally, its Average True Range was 1.67.

During the past 100 days, Calix Inc’s (CALX) raw stochastic average was set at 34.14%, which indicates a significant decrease from 48.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.64% in the past 14 days, which was higher than the 45.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.27, while its 200-day Moving Average is $34.73. However, in the short run, Calix Inc’s stock first resistance to watch stands at $33.74. Second resistance stands at $34.24. The third major resistance level sits at $35.11. If the price goes on to break the first support level at $32.36, it is likely to go to the next support level at $31.49. Now, if the price goes above the second support level, the third support stands at $30.99.

Calix Inc (NYSE: CALX) Key Stats

The company with the Market Capitalisation of 2.28 billion has total of 66,316K Shares Outstanding. Its annual sales at the moment are 1,040 M in contrast with the sum of 29,330 K annual income. Company’s last quarter sales were recorded 200,950 K and last quarter income was -3,970 K.