Stock Market Recap: Infinera Corp. (INFN) Concludes at 5.43, a -8.59 Surge/Decline

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

After finishing at $5.94 in the prior trading day, Infinera Corp. (NASDAQ: INFN) closed at $5.43, down -8.59%. In other words, the price has decreased by -$8.59 from its previous closing price. On the day, 2.85 million shares were traded. INFN stock price reached its highest trading level at $5.9 during the session, while it also had its lowest trading level at $5.37.


Our goal is to gain a better understanding of INFN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 4.60 whereas as Long-Term Debt/Eq ratio is at 4.37.

On September 28, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $7.

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 Aug 17 ’23 when Fernicola Michael H bought 4,000 shares for $4.00 per share. The transaction valued at 16,000 led to the insider holds 111,558 shares of the business.

Fernicola Michael H bought 6,500 shares of INFN for $25,350 on Aug 16 ’23. The Chief Accounting Officer now owns 107,558 shares after completing the transaction at $3.90 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INFN now has a Market Capitalization of 1272194688 and an Enterprise Value of 1827795456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 7.80. Its current Enterprise Value per Revenue stands at 1.195 whereas that against EBITDA is 47.279.

Stock Price History:

Over the past 52 weeks, INFN has reached a high of $6.62, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is 2.66%, while the 200-Day Moving Average is calculated to be 18.06%.

Shares Statistics:

The stock has traded on average 3.62M shares per day over the past 3-months and 2379980 shares per day over the last 10 days, according to various share statistics. A total of 230.99M shares are outstanding, with a floating share count of 230.66M. Insiders hold about 1.55% of the company’s shares, while institutions hold 101.72% stake in the company. Shares short for INFN as of 1715731200 were 50201209 with a Short Ratio of 13.86, compared to 1713139200 on 47731706. Therefore, it implies a Short% of Shares Outstanding of 50201209 and a Short% of Float of 34.13.

Most Popular