Aviat Networks Inc. (NASDAQ:AVNW) Relative Strength Index (RSI) is 71.05, with weekly volatility at 15.25% and ATR at 4.83. The AVNW stock’s 52-week price range has touched low of $7.10 and a $60.60 high. Intraday shares traded counted 0.2 million, which was -32.13% lower than its 30-day average trading volume of 152.61K. Its shares traded lower over the last trading session, losing -2.18% on 02/11/21. The shares fell to a low of $49.23 before closing at $52.83. AVNW’s previous close was $54.01 while the outstanding shares total 5.50M. The firm has a beta of 2.12, a 12-month trailing P/E ratio of 20.57, and a growth ratio of 1.71.
Investors have identified the Communication Equipment company Aviat Networks Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $240.90 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Aviat Networks Inc. (AVNW) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 156.38 million total, with 91.76 million as their total liabilities.
Is the stock of AVNW attractive?
In related news, Director, STOFFEL JAMES C sold 3,033 shares of the company’s stock in a transaction that recorded on Nov 30. The sale was performed at an average price of 36.01, for a total value of 109,205. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.70%.
2 out of 2 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Aviat Networks Inc.. 0 analysts has assigned a Sell rating on the AVNW stock. The 12-month mean consensus price target for the company’s shares has been set at $54.00.