Extreme Networks (NASDAQ:EXTR) noted trading -13.92% off 52-week high price. On the other end, the stock has been noted 37.62% away from the low price over the last 52-weeks. The stock changed 0.96% to recent value of $7.39. The stock transacted 1381943 shares during last trading day however it has an average volume of 1.38M shares. The company has 121.82M of outstanding shares and 119.10M shares were floated in the market.
On Jan. 8, 2020, Extreme Networks (NASDAQ:EXTR) a cloud-driven networking company, released availability of Extreme Retail Select curated cloud technology packages designed to remove the cost and complexity associated with selecting, buying, building, deploying, and managing network services at retail locations. Solutions include a dedicated retail cloud environment and pre-selected hardware and services elements, giving merchants the ability to quickly and remotely deploy and support all retail stores from anywhere. With a simple, turn-key solution, customers can automate new store setup, maximize operational efficiencies, and deliver consistent services and experiences at scale so they can advance.
Leveraging its deep expertise working with retail customers including Fortune 500 brands, Extreme Retail Select packages are optimized for the unique needs of the retail sector, providing IT teams with all of the elements they need to deliver seamless connectivity and the same level of customer service, convenience, and personalization that is available online. Customers can choose from six configurations based on requirements for essential connectivity or for high-performance, evolved environments. Extreme Retail Select packages are available now via Extreme resellers.
Its earnings per share (EPS) expected to touch remained 46.50% for this year while earning per share for the next 5-years is expected to reach at 20.00%. EXTR has a gross margin of 55.00% and an operating margin of -4.10% while its profit margin remained -5.40% for the last 12 months.
According to the most recent quarter its current ratio was 1.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.10% from the mean of 20 days, 5.91% from mean of 50 days SMA and performed 6.02% from mean of 200 days price. Company’s performance for the week was 0.27%, 7.57% for month and YTD performance remained 0.27%.