What’s the Analyst Recommendation for Extreme Networks Inc. (EXTR)?

Extreme Networks Inc. (EXTR) share price soared 12.17% with the closing price of $4.61 on Friday. Extreme Networks Inc. stock has an exchanging volume of 3.55 million shares, which is high, contrasted with its 3-months average volume of 1.03M shares. Its market capitalization has now reached to $503.69M and analysts have a consensus target price of $6.80 in the 12-month period.

Extreme Networks Provides Update on Q1 Outlook; Expects to Deliver Revenue and EPS Above High-End of Previous Outlook on October 8, 2020 news published at Yahoo.

B. Riley FBR announced it was Initiated coverage of Extreme Networks Inc. in a research note on July 15, 2020. JP Morgan rated the stock as a Neutral in a research noted published on April 14, 2020. Lake Street rated the stock as a Buy in a research note published on July 29, 2019.

EXTR Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, EXTR price has rose by 15.25%. In the course of past three months sees the stock go up around 18.21%, while it has gain 69.49% over the past six months and -37.45% since the start of the year.

EXTR Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 215.52 billion, which was higher than the gauge of 231.21M made by certain experts. For that equivalent quarter, Extreme Networks Inc. posted $0.03 earnings per share (EPS) which was above the consensus estimate of -$0.03 by $0.06, which represents to an expansion by 200.00%.

EXTR Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Extreme Networks Inc. has seen its stock exchanging -15.72% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +23.59% above its three-month low. A more extensive look sees EXTR exchanging -42.37% beneath its 52-week high and 222.38% above from its 52-week low price.

EXTR Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 4.53%, while it has a month to month instability of 4.71%. The company has an ATR (Average True Range) of 0.24 and a beta factor of 1.96.

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