Extreme Networks Inc. (EXTR) is Trading Lower on Unusual Volume for January 29

Equities Staff |

Extreme Networks Inc. (EXTR) experienced unusually high volume on Jan. 29, as the stock lost 4.14% to a closing price of $2.78. The stock saw 1.64 million shares trade hands over the course of the day on 8,136 trades. Given that the stock’s average daily volume over the last month has been 1.03 million shares a day, this represents a pretty substantial spike over the norm.

Extreme Networks Inc. has a P/B ratio of 2.87. The stock has traded between $4.55 and $2.11 over the last 52-weeks, its 50-day SMA is now $3.95, and its 200-day SMA $3.17.

Extreme Networks Inc together with its subsidiaries provides wired and wireless network infrastructure equipment, software and services for enterprises, data centers, and service providers. Its customers include businesses, hospitals, and hotels.

Headquartered in San Jose, CA, Extreme Networks Inc. has 1,351 employees and is currently under the leadership of CEO Edward B. Meyercord.

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


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

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