Infinera Corp (INFN) concluded trading on Thursday at a closing price of $6.64, with 8.72 million shares of worth about $57.93 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.50% during that period and on February 27, 2025 the price saw a loss of about -0.15%. Currently the company’s common shares owned by public are about 236.30M shares, out of which, 233.04M shares are available for trading.
Stock saw a price change of -0.15% in past 5 days and over the past one month there was a price change of 0.45%. Year-to-date (YTD), INFN shares are showing a performance of 1.07% which increased to 28.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.41 but also hit the highest price of $6.92 during that period. The average intraday trading volume for Infinera Corp shares is 792.86K. The stock is currently trading -0.02% below its 20-day simple moving average (SMA20), while that difference is up 0.42% for SMA50 and it goes to 5.78% higher than SMA200.
Infinera Corp (NASDAQ: INFN) currently have 236.30M outstanding shares and institutions hold larger chunk of about 90.01% of that.
The stock has a current market capitalization of $1.57B and its 3Y-monthly beta is at 1.67. It has posted earnings per share of -$0.48 in the same period. It has Quick Ratio of 0.97 while making debt-to-equity ratio of 5.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INFN, volatility over the week remained 0.69% while standing at 0.62% over the month.
Stock’s fiscal year EPS is expected to drop by -164.29% while it is estimated to increase by 261.03% in next year. EPS is likely to shrink at an annualized rate of 31.09% for next 5-years, compared to annual growth of 39.38% made by the stock over the past 5-years.
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 August 05, 2024 offering a Neutral rating for the stock and assigned a target price range of between $8 and $6.65 to it. Coverage by Needham stated Infinera Corp (INFN) stock as a Buy in their note to investors on April 22, 2024, suggesting a price target of $10 for the stock. Stock get a Buy rating from MKM Partners on August 04, 2022.
