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Extreme Networks Inc (NASDAQ: EXTR) closed the day trading at $15.43 up 0.06% from the previous closing price of $15.42. In other words, the price has increased by $0.06 from its previous closing price. On the day, 0.68 million shares were traded. EXTR stock price reached its highest trading level at $15.49 during the session, while it also had its lowest trading level at $15.11.
Ratios:
For a better understanding of EXTR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 7.22 whereas as Long-Term Debt/Eq ratio is at 6.56.
On May 02, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $15 to $17.
B. Riley Securities Upgraded its Neutral to Buy on April 15, 2024, while the target price for the stock was maintained at $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 01 ’24 when MEYERCORD EDWARD sold 35,725 shares for $14.96 per share. The transaction valued at 534,600 led to the insider holds 1,448,378 shares of the business.
Khanna Raj sold 10,000 shares of EXTR for $165,252 on Oct 30 ’24. The Director now owns 228,733 shares after completing the transaction at $16.53 per share. On Oct 30 ’24, another insider, Khanna Raj, who serves as the Director of the company, bought 10,000 shares for $16.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXTR now has a Market Capitalization of 2038843136 and an Enterprise Value of 2115397888. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 62.27. Its current Enterprise Value per Revenue stands at 2.047 whereas that against EBITDA is -43.064.
Stock Price History:
Over the past 52 weeks, EXTR has reached a high of $18.77, while it has fallen to a 52-week low of $10.49. The 50-Day Moving Average of the stock is 1.23%, while the 200-Day Moving Average is calculated to be 17.37%.
Shares Statistics:
Over the past 3-months, EXTR traded about 1.17M shares per day on average, while over the past 10 days, EXTR traded about 1023520 shares per day. A total of 130.28M shares are outstanding, with a floating share count of 128.23M. Insiders hold about 2.95% of the company’s shares, while institutions hold 91.67% stake in the company. Shares short for EXTR as of 1730332800 were 6182661 with a Short Ratio of 5.26, compared to 1727654400 on 6823379. Therefore, it implies a Short% of Shares Outstanding of 6182661 and a Short% of Float of 5.6199998.
