Extreme Networks Inc (NASDAQ:EXTR) currently has a daily average trading volume of 1.43M but it saw 1076115 shares traded in last market. With a market cap of 2.15B USD, the company’s current market price of $16.12 came falling about -0.68 while comparing to the previous closing price of $16.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.24 and as low as $10.10. In the recent trading on the day, stock has struck highest price mark of $16.04 while lowest mark touched by it was $16.34.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Craig Hallum which upgraded the stock as “Buy” in its note to investors issued on May 16, 2024, recommending a price target of $14 for it. Rosenblatt upgraded its recommendation for the stock as a “Buy” from “Neutral” on May 02, 2024 while assigning a price target range of $15-$17. B. Riley Securities also issued its recommendations for the stock as it upgraded the price target for the stock is $14.
Over the week, EXTR’s stock price is moving -0.56% down while it is 23.34% when we observe its performance for the past one month. Year-to-date it is -3.70% down and over the past year, the stock is showing an upside performance of 45.75%.
Currently, Extreme Networks Inc’s total number of outstanding shares is 133.08M with 2.95% of that held by the insiders while 93.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -19.60% and return on equity (ROE) at -78.83%. It has a 16.28 of forward P/E ratio. Stock’s beta reads 1.75. Stock has a price to book (P/B) ratio of 29.92 while price to sale or P/S ratio amounts to 1.97. Its return on asset (ROA) is -4.99% on average.
