Do The Numbers Tell The Whole Story? Extreme Networks, Inc. (EXTR), Evoqua Water Technologies Corp. (AQUA)

MEYERCORD EDWARD, PRESIDENT AND CEO, sold 99,859 shares of the Extreme Networks, Inc. (NASDAQ:EXTR) in an exchange that happened on November 16th. The stock was sold at an average price of $6.34 per share, amounting to a transaction worth $632,946. The purchase was made public in a document filed with the SEC. Additionally, Director Khanna Raj bought 10,000 shares of this stock in a transaction that took place on May 24th. The stock was bought at an average price of $8.96 per share, for a total exchange amounting to $89,598. After the transaction, the Director Khanna Raj currently holds 109,523 shares of the company’s stock, which is worth approximately $877279.

With this stock price’s latest movement, it is now -38.62% away from its 1-year high and 66.53% higher than its 1-year low price. In the past seven days, the stock price volatility for Extreme Networks, Inc. was 2.99%, whereas its volatility in the past 30 days has been 3.98%. This public company’s stock also has a beta score of 1.23. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Extreme Networks, Inc. (NASDAQ:EXTR) most recently published its quarterly earnings results. The firm posted $0.13 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.10 by $0.03. The publicly-traded organization reported revenue of $252.68 million for the quarter, compared to the average analyst forecast calling for $244.45 million, which was surpassing the analyst consensus estimate.

Shares of Extreme Networks, Inc. (EXTR) surged 2.04%, amounting to a gain of $0.16 per share, to finish the regular trading session at $8.01 on Tuesday 02/19/2019. After beginning the session at $7.85, shares of Extreme Networks, Inc. reached as high as $8.12 during the day, while hitting a 1-day low of $7.79. Trade volume reached 1,731,707 shares against this stock’s average daily volume of 1.55M shares, with a total float of 114.58M. As a consequence of the price increase, Extreme Networks, Inc. now has a current market value of 941.53M.

Evoqua Water Technologies Corp. (NYSE:AQUA) added 1.32% to its trading price by the close of the most recent session, jumping from its previous closing price of $12.90 to $13.07. This stock increased in value by 7.57% during the last 7-day period, and experienced a gain of 33.91% over the past 30-day period. In the past three months, this stock’s price grew by 39.94% , and subtracted -30.55% to its price during the last six months of trading. AQUA demonstrated a yearly price loss of -41.57% , while its year-to-date (YTD) price performance has been up 36.15% . This stock’s price changed by +65.03% compared to its 90-day low, and moved down -0.95% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the AQUA stock as “Buy”. In the short-term, Evoqua Water Technologies Corp. (AQUA) has a 20-day average volume of 827,840 shares and short-term indicators sets the AQUA stock as “ 80% Buy ” on average basis. In the medium-term, AQUA stock has a 50-Day average volume of 977,830 shares and medium-term indicators gave the average rating of “ 50% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 1,153,290 shares. On average, long-term indicators rated the stock as “33% Buy ”. The overall picture from all short, medium and long-term indicators sets the AQUA stock as “64% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on AQUA. Credit Suisse, for example, Initiated its rating on shares of Evoqua Water Technologies Corp. to a “Neutral”, while setting a $11 price target on shares of the company’s stock, according to a research note from Wednesday December 12th, 2018. Northcoast Initiated their target price for this stock to $14, while giving the stock a “Buy” rating, as stated in a research report from Friday, December 7th, 2018. Berenberg, on the other hand, Initiated a “Hold” rating on this stock, while posting a $19 price target on shares of this company’s stock in a research note dated Wednesday, October 3rd, 2018.

In other news related to Evoqua Water Technologies Corp. stock, 0.00% shares of AQUA held by institutions. The total number of institutions who held the AQUA shares was 184, according to most recent SEC filling. During the past quarter, total 116,954,293 shares held by institutions with the net change of -11,251,696 shares. In the meantime, 37 new institutions bought the shares of Evoqua Water Technologies Corp. for the first time and 43 institutions sold all their holdings in the company’s common stock. 109 institutions increased their investment in the AQUA stock and 80 institutions decreased their investment in the Evoqua Water Technologies Corp. (AQUA)’s stock during the last quarter.