On Tuesday, Extreme Networks Inc (NASDAQ: EXTR) opened higher 2.73% from the last session, before settling in for the closing price of $16.49. Price fluctuations for EXTR have ranged from $10.49 to $18.77 over the past 52 weeks.
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Annual sales at Technology sector company grew by 3.00% over the past five years. Company’s average yearly earnings per share was noted 30.60% at the time writing. With a float of $128.20 million, this company’s outstanding shares have now reached $130.28 million.
Let’s look at the performance matrix of the company that is accounted for 2656 employees. In terms of profitability, gross margin is 56.48%, operating margin of -7.88%, and the pretax margin is -11.59%.
Extreme Networks Inc (EXTR) Insider Updates
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Extreme Networks Inc is 2.98%, while institutional ownership is 91.68%. The most recent insider transaction that took place on Nov 25 ’24, was worth 83,500. In this transaction Director of this company sold 5,000 shares at a rate of $16.70, taking the stock ownership to the 366,793 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Director sold 5,000 for $16.06, making the entire transaction worth $80,310. This insider now owns 371,793 shares in total.
Extreme Networks Inc (EXTR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 30.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.50% during the next five years compared to -24.85% drop over the previous five years of trading.
Extreme Networks Inc (NASDAQ: EXTR) Trading Performance Indicators
Check out the current performance indicators for Extreme Networks Inc (EXTR). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.99 in one year’s time.
Technical Analysis of Extreme Networks Inc (EXTR)
Extreme Networks Inc (NASDAQ: EXTR) saw its 5-day average volume 1.15 million, a negative change from its year-to-date volume of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 71.80%. Additionally, its Average True Range was 0.62.
During the past 100 days, Extreme Networks Inc’s (EXTR) raw stochastic average was set at 94.19%, which indicates a significant increase from 86.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.00% in the past 14 days, which was lower than the 42.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.35, while its 200-day Moving Average is $13.22. Nevertheless, the first resistance level for the watch stands at $17.18 in the near term. At $17.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.90. If the price goes on to break the first support level at $16.46, it is likely to go to the next support level at $15.98. Assuming the price breaks the second support level, the third support level stands at $15.74.
Extreme Networks Inc (NASDAQ: EXTR) Key Stats
There are currently 132,135K shares outstanding in the company with a market cap of 2.24 billion. Presently, the company’s annual sales total 1,117 M according to its annual income of -85,960 K. Last quarter, the company’s sales amounted to 269,200 K and its income totaled -10,500 K.
