Clearfield Inc. (CLFD) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Clearfield Inc. (CLFD) experienced unusually high volume on Jan. 15, as the stock lost 4.52% to a closing price of $12.66. The stock saw 87,738 shares trade hands over the course of the day on 518 trades. Given that the stock’s average daily volume over the last month has been 41,645 shares a day, this represents a pretty substantial spike over the norm.

Clearfield Inc. has a P/B ratio of 3.39. It also has a P/E ratio of 39. The stock has traded between $20.28 and $11.21 over the last 52-weeks, its 50-day SMA is now $13.41, and its 200-day SMA $15.09.

Clearfield Inc manufactures and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site.

Headquartered in Brooklyn Park, MN, Clearfield Inc. has 182 employees and is currently under the leadership of CEO Cheryl Podzimek Beranek.

For a complete fundamental analysis analysis of Clearfield Inc., check out Equities.com’s Stock Valuation Analysis report for CLFD. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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