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In the latest session, Extreme Networks Inc (NASDAQ: EXTR) closed at $18.18 up 2.25% from its previous closing price of $17.78. In other words, the price has increased by $2.25 from its previous closing price. On the day, 0.84 million shares were traded. EXTR stock price reached its highest trading level at $18.22 during the session, while it also had its lowest trading level at $17.582.
Ratios:
For a deeper understanding of Extreme Networks Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 11 ’24 when MOTIEY KATAYOUN bought 37,000 shares for $17.47 per share.
MEYERCORD EDWARD sold 35,725 shares of EXTR for $614,792 on Dec 02 ’24. The PRESIDENT AND CEO now owns 1,478,941 shares after completing the transaction at $17.21 per share. On Dec 02 ’24, another insider, EDWARD MEYERCORD, who serves as the Director of the company, bought 107,175 shares for $16.60 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 2402214400 and an Enterprise Value of 2478768896. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 73.37. Its current Enterprise Value per Revenue stands at 2.399 whereas that against EBITDA is -50.461.
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 14.50%, while the 200-Day Moving Average is calculated to be 34.57%.
Shares Statistics:
For the past three months, EXTR has traded an average of 1.13M shares per day and 944260 over the past ten days. A total of 132.05M shares are outstanding, with a floating share count of 128.20M. Insiders hold about 2.98% of the company’s shares, while institutions hold 91.72% stake in the company. Shares short for EXTR as of 1732838400 were 5131583 with a Short Ratio of 4.56, compared to 1730332800 on 6182661. Therefore, it implies a Short% of Shares Outstanding of 5131583 and a Short% of Float of 4.66.
