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The price of Extreme Networks Inc (NASDAQ: EXTR) closed at $17.71 in the last session, down -1.67% from day before closing price of $18.01. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 0.81 million shares were traded. EXTR stock price reached its highest trading level at $18.315 during the session, while it also had its lowest trading level at $17.69.
Ratios:
We take a closer look at EXTR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 02 ’24 when MEYERCORD EDWARD sold 35,725 shares for $17.21 per share. The transaction valued at 614,792 led to the insider holds 1,478,941 shares of the business.
EDWARD MEYERCORD bought 107,175 shares of EXTR for $1,779,105 on Dec 02 ’24. On Nov 25 ’24, another insider, CARINALLI CHARLES, who serves as the Director of the company, sold 5,000 shares for $16.70 each. As a result, the insider received 83,500 and left with 366,793 shares of the company.
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 2379745536 and an Enterprise Value of 2416665344. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 71.47. Its current Enterprise Value per Revenue stands at 2.339 whereas that against EBITDA is -49.197.
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 13.47%, while the 200-Day Moving Average is calculated to be 32.37%.
Shares Statistics:
According to the various share statistics, EXTR traded on average about 1.15M shares per day over the past 3-months and 1110910 shares per day over the past 10 days. A total of 132.05M shares are outstanding, with a floating share count of 128.21M. Insiders hold about 2.97% of the company’s shares, while institutions hold 91.72% stake in the company. Shares short for EXTR as of 1731628800 were 4945075 with a Short Ratio of 4.31, compared to 1728950400 on 6212650. Therefore, it implies a Short% of Shares Outstanding of 4945075 and a Short% of Float of 4.4899996.
