This stock has been holding the $12 price for some tme and quietly moving up. Wondering your take.
EXTR This company has over $1.1 billion in sales and a has a $1.5 billion market cap. They are expected to earn $1.00 next year, and it has a reasonable multiple. They have solid cash flow and outstanding return on equity. The balance sheet looks good although they do have some debt.
The stock is 27% off its 52 week high, and now trading above its 200sma and 50sma. The group ranking is 60 out of 197 groups, and JNPR and ANET are strong stocks in that same group.
As you say this one is quietly moving higher, and I like quiet stocks. CSCO JNPR and ANET garner most of the attention in this group. This stock is worth taking a swing at here in the 412 range. This is a decent risk/reward if you want to own a computer networking company. They have earnings scheduled for April 27!
I hope this answers your question!