Extreme Networks Inc. Hits New 52-Week High at $4.66 (EXTR)
Shares of Extreme Networks (NASDAQ:EXTR) hit a new 52-week high during trading hours on Thursday, Analyst Ratings Network reports. The company traded as high as $4.66 and last traded at $4.43, with a volume of 6,113,938 shares trading hands. The stock had previously closed at $4.03.
Extreme Networks has a 52 week low of $2.99 and a 52 week high of $4.40. The stock’s 50-day moving average is $3.97 and its 200-day moving average is $3.56. The company has a market cap of $408.1 million and a P/E ratio of 40.30.
Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.01. The company had revenue of $79.50 million for the quarter, compared to the consensus estimate of $74.61 million. During the same quarter last year, the company posted $0.08 earnings per share. Extreme Networks’s revenue was down 9.4% compared to the same quarter last year. Analysts expect that Extreme Networks will post $0.23 EPS for the current fiscal year.
Extreme Networks, Inc is a United States-based company that provides local area network (NASDAQ:EXTR) switching solutions.
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