Extreme Networks Inc. (EXTR) concluded trading on Thursday at a closing price of $10.58, with 3.32 million shares of worth about $35.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.58% during that period and on May 09, 2024 the price saw a loss of about -2.13%. Currently the company’s common shares owned by public are about 127.78M shares, out of which, 126.36M shares are available for trading.
Stock saw a price change of -7.36% in past 5 days and over the past one month there was a price change of -3.47%. Year-to-date (YTD), EXTR shares are showing a performance of -40.02% which decreased to -35.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.57 but also hit the highest price of $32.73 during that period. The average intraday trading volume for Extreme Networks Inc. shares is 2.12 million. The stock is currently trading -4.94% below its 20-day simple moving average (SMA20), while that difference is down -7.57% for SMA50 and it goes to -41.76% lower than SMA200.
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Extreme Networks Inc. (NASDAQ: EXTR) currently have 127.78M outstanding shares and institutions hold larger chunk of about 89.97% of that.
The stock has a current market capitalization of $1.37B and its 3Y-monthly beta is at 1.79. It has posted earnings per share of -$0.06 in the same period. It has Quick Ratio of 0.61 while making debt-to-equity ratio of 3.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EXTR, volatility over the week remained 3.61% while standing at 3.90% over the month.
Stock’s fiscal year EPS is expected to drop by -51.54% while it is estimated to increase by 40.01% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Rosenblatt on May 02, 2024 offering a Buy rating for the stock and assigned a target price range of between $15 and $17 to it. Coverage by B. Riley Securities stated Extreme Networks Inc. (EXTR) stock as a Buy in their note to investors on April 15, 2024, suggesting a price target of $14 for the stock. On February 01, 2024, UBS Downgrade their recommendations, while on February 01, 2024, Rosenblatt Downgrade their ratings for the stock with a price target of $15. Stock get a Perform rating from Oppenheimer on November 01, 2023.
