Aviat Networks (AVNW) to Release Earnings on Thursday
Aviat Networks (NASDAQ:AVNW) will post its Q414 quarterly earnings results on Thursday, August 21st. Analysts expect Aviat Networks to post earnings of ($0.07) per share and revenue of $85.01 million for the quarter.
Aviat Networks (NASDAQ:AVNW) opened at 1.30 on Wednesday. Aviat Networks has a 52 week low of $0.99 and a 52 week high of $2.82. The stock’s 50-day moving average is $1.27 and its 200-day moving average is $1.45. The company’s market cap is $80.8 million. Aviat Networks also was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 824,140 shares, a drop of 19.0% from the July 15th total of 1,018,065 shares. Based on an average daily trading volume, of 298,548 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.4% of the company’s shares are short sold.
Aviat Networks, Inc(NASDAQ:AVNW) together with its subsidiaries, is a global supplier of microwave networking solutions.
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