During the last session, Infinera Corp. (NASDAQ:INFN)’s traded shares were 1.87 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $4.97, reflecting an intraday loss of -0.20% or -$0.01. The 52-week high for the INFN share is $6.62, that puts it down -33.2 from that peak though still a striking 43.26% gain since the share price plummeted to a 52-week low of $2.82. The company’s market capitalization is $1.15B, and the average trade volume was 3.54 million shares over the past three months.
Infinera Corp. (NASDAQ:INFN) trade information
Infinera Corp. (INFN) registered a -0.20% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.20% in intraday trading to $4.97, hitting a weekly high. The stock’s 5-day price performance is 6.65%, and it has moved by -2.55% in 30 days. Based on these gigs, the overall price performance for the year is -17.44%.
Infinera Corp. (INFN) estimates and forecasts
In the rating firms’ projections, revenue will increase 1.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 443.63M as predicted by 8 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 336.99M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.26%. While earnings are projected to return 14.63% in 2024, the next five years will return 20.00% per annum.
INFN Dividends
Infinera Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
