On Tuesday, Extreme Networks Inc (NASDAQ: EXTR) was -0.23% drop from the session before settling in for the closing price of $17.58. A 52-week range for EXTR has been $10.49 – $18.77.
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A company in the Technology sector has jumped its sales by 3.00% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 30.60%. With a float of $128.20 million, this company’s outstanding shares have now reached $132.05 million.
In an organization with 2656 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Extreme Networks Inc stocks. The insider ownership of Extreme Networks Inc is 2.98%, while institutional ownership is 91.72%. The most recent insider transaction that took place on Dec 02 ’24, was worth 614,792. In this transaction PRESIDENT AND CEO of this company sold 35,725 shares at a rate of $17.21, taking the stock ownership to the 1,478,941 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Director proposed sale 107,175 for $16.60, making the entire transaction worth $1,779,105.
Extreme Networks Inc (EXTR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
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
You can see what Extreme Networks Inc (EXTR) is doing with its current performance indicators. In the most recent 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 2.24.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.95 million. That was inferior than the volume of 1.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.91%. Additionally, its Average True Range was 0.61.
During the past 100 days, Extreme Networks Inc’s (EXTR) raw stochastic average was set at 87.24%, which indicates a significant increase from 75.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.19% in the past 14 days, which was lower than the 42.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.76, while its 200-day Moving Average is $13.46. However, in the short run, Extreme Networks Inc’s stock first resistance to watch stands at $17.69. Second resistance stands at $17.83. The third major resistance level sits at $17.99. If the price goes on to break the first support level at $17.39, it is likely to go to the next support level at $17.23. Assuming the price breaks the second support level, the third support level stands at $17.09.
Extreme Networks Inc (NASDAQ: EXTR) Key Stats
There are 132,135K outstanding shares of the company, which has a market capitalization of 2.32 billion. As of now, sales total 1,117 M while income totals -85,960 K. Its latest quarter income was 269,200 K while its last quarter net income were -10,500 K.