The stock price of Extreme Networks Inc (NASDAQ: EXTR) has dropped by -0.39 compared to previous close of 15.58. Despite this, the company has seen a fall of -1.71% in its stock price over the last five trading days. accessnewswire.com reported 2025-02-12 that NEW YORK CITY, NY / ACCESS Newswire / February 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Extreme Networks, Inc. (“Extreme Networks” or “the Company”) (NASDAQ:EXTR). Investors who purchased Extreme Networks securities prior to July 27, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EXTR.
Is It Worth Investing in Extreme Networks Inc (NASDAQ: EXTR) Right Now?
Moreover, the 36-month beta value for EXTR is 1.73. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for EXTR is 128.34M and currently, short sellers hold a 3.88% of that float. On February 13, 2025, EXTR’s average trading volume was 935.11K shares.
EXTR’s Market Performance
EXTR stock saw a decrease of -1.71% in the past week, with a monthly decline of -7.62% and a quarterly a decrease of -7.40%. The volatility ratio for the week is 2.66%, and the volatility levels for the last 30 days are 3.28% for Extreme Networks Inc (EXTR).. The simple moving average for the past 20 days is -4.39% for EXTR’s stock, with a 6.48% simple moving average for the past 200 days.
Analysts’ Opinion of EXTR
Many brokerage firms have already submitted their reports for EXTR stocks, with Craig Hallum repeating the rating for EXTR by listing it as a “Buy.” The predicted price for EXTR in the upcoming period, according to Craig Hallum is $14 based on the research report published on May 16, 2024 of the previous year 2024.
Rosenblatt, on the other hand, stated in their research note that they expect to see EXTR reach a price target of $17, previously predicting the price at $15. The rating they have provided for EXTR stocks is “Buy” according to the report published on May 02nd, 2024.
B. Riley Securities gave a rating of “Buy” to EXTR, setting the target price at $14 in the report published on April 15th of the previous year.
EXTR Trading at -8.41% from the 50-Day Moving Average
After a stumble in the market that brought EXTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.33% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 2.66%, as shares sank -9.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.48% lower at present.
During the last 5 trading sessions, EXTR fell by -1.71%, which changed the moving average for the period of 200-days by +36.98% in comparison to the 20-day moving average, which settled at $16.23. In addition, Extreme Networks Inc saw -7.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXTR starting from MEYERCORD EDWARD, who sale 35,725 shares at the price of $15.39 back on Feb 03 ’25. After this action, MEYERCORD EDWARD now owns 1,478,941 shares of Extreme Networks Inc, valued at $549,897 using the latest closing price.
MOTIEY KATAYOUN, the Chief Legal Admin Sust Officer of Extreme Networks Inc, sale 37,000 shares at $17.47 during a trade that took place back on Dec 11 ’24, which means that MOTIEY KATAYOUN is holding 117,613 shares at $646,471 based on the most recent closing price.
Stock Fundamentals for EXTR
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.57 for the gross margin
The net margin for Extreme Networks Inc stands at -0.12. The total capital return value is set at -0.14. Equity return is now at value -152.77, with -10.95 for asset returns.
Based on Extreme Networks Inc (EXTR), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 1.19. The interest coverage ratio of the stock is -4.65.
Currently, EBITDA for the company is -19.61 million with net debt to EBITDA at 1.49. When we switch over and look at the enterprise to sales, we see a ratio of 1.92. The receivables turnover for the company is 8.64for trailing twelve months and the total asset turnover is 0.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
To wrap up, the performance of Extreme Networks Inc (EXTR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
