Aviat Networks Inc. Sets New 1-Year Low at $1.81 (AVNW)
Aviat Networks (NASDAQ:AVNW) set a new 52-week low on Friday, Analyst Ratings Network.com reports. The company traded as low as $1.81 and last traded at $2.01, with a volume of 331,316 shares. The stock had previously closed at $1.90.
Aviat Networks has a 52 week low of $1.85 and a 52 week high of $3.90. The stock’s 50-day moving average is $2.09 and its 200-day moving average is $2.3. The company’s market cap is $125.4 million.
Aviat Networks (NASDAQ:AVNW) last released its earnings data on Friday, January 31st. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.16) by $0.01. The company had revenue of $85.80 million for the quarter, compared to the consensus estimate of $85.00 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was down 33.5% on a year-over-year basis.
Aviat Networks, Inc(NASDAQ:AVNW) together with its subsidiaries, is a global supplier of microwave networking solutions.
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