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Extreme Networks Inc. (NASDAQ: EXTR) closed the day trading at $14.44 down -1.84% from the previous closing price of $14.71. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.72 million shares were traded. EXTR stock price reached its highest trading level at $14.84 during the session, while it also had its lowest trading level at $14.33.
Ratios:
For a better understanding of EXTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 9.48 whereas as Long-Term Debt/Eq ratio is at 8.69.
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 Oct 01 ’24 when MEYERCORD EDWARD sold 35,725 shares for $14.75 per share. The transaction valued at 527,069 led to the insider holds 1,448,378 shares of the business.
MEYERCORD EDWARD sold 35,725 shares of EXTR for $536,703 on Sep 03 ’24. The PRESIDENT AND CEO now owns 1,448,378 shares after completing the transaction at $15.02 per share. On Sep 03 ’24, another insider, EDWARD MEYERCORD, who serves as the Director of the company, bought 107,175 shares for $15.75 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 1906744192 and an Enterprise Value of 1964975616. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 74.41. Its current Enterprise Value per Revenue stands at 1.759 whereas that against EBITDA is -368.387.
Stock Price History:
Over the past 52 weeks, EXTR has reached a high of $21.19, while it has fallen to a 52-week low of $10.49. The 50-Day Moving Average of the stock is -2.90%, while the 200-Day Moving Average is calculated to be 9.88%.
Shares Statistics:
Over the past 3-months, EXTR traded about 1.23M shares per day on average, while over the past 10 days, EXTR traded about 742640 shares per day. A total of 130.28M shares are outstanding, with a floating share count of 128.14M. Insiders hold about 2.96% of the company’s shares, while institutions hold 93.63% stake in the company. Shares short for EXTR as of 1727654400 were 6823379 with a Short Ratio of 5.56, compared to 1724976000 on 7746562. Therefore, it implies a Short% of Shares Outstanding of 6823379 and a Short% of Float of 6.21.
