Extreme Networks Inc (NASDAQ: EXTR) on Monday, soared 5.48% from the previous trading day, before settling in for the closing price of $16.60. Within the past 52 weeks, EXTR’s price has moved between $10.49 and $18.77.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 3.00%. The company achieved an average annual earnings per share of 30.60%. With a float of $128.21 million, this company’s outstanding shares have now reached $132.05 million.
The extent of productivity of a business whose workforce counts for 2656 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Extreme Networks Inc is 2.97%, while institutional ownership is 91.68%. The most recent insider transaction that took place on Dec 02 ’24, was worth 1,779,105. Before that another transaction happened on Nov 25 ’24, when Company’s Director sold 5,000 for $16.70, making the entire transaction worth $83,500. This insider now owns 366,793 shares in total.
Extreme Networks Inc (EXTR) Latest Financial update
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
Extreme Networks Inc (EXTR) is currently performing well based on its current performance indicators. A quick ratio of 0.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26.
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)
The latest stats from [Extreme Networks Inc, EXTR] show that its last 5-days average volume of 1.13 million was inferior to 1.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.65%. Additionally, its Average True Range was 0.65.
During the past 100 days, Extreme Networks Inc’s (EXTR) raw stochastic average was set at 98.97%, which indicates a significant increase from 97.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.09% in the past 14 days, which was lower than the 42.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.45, while its 200-day Moving Average is $13.29. Now, the first resistance to watch is $17.90. This is followed by the second major resistance level at $18.30. The third major resistance level sits at $19.03. If the price goes on to break the first support level at $16.78, it is likely to go to the next support level at $16.05. The third support level lies at $15.65 if the price breaches the second support level.
Extreme Networks Inc (NASDAQ: EXTR) Key Stats
Market capitalization of the company is 2.34 billion based on 132,135K outstanding shares. Right now, sales total 1,117 M and income totals -85,960 K. The company made 269,200 K in profit during its latest quarter, and -10,500 K in sales during its previous quarter.
