In last trading session, Infinera Corp. (NASDAQ:INFN) saw 1.56 million shares changing hands with its beta currently measuring 1.55. Company’s recent per share price level of $5.26 trading at $0.27 or 5.41% at ring of the bell on the day assigns it a market valuation of $1.22B. That closing price of INFN’s stock is at a discount of -25.86% from its 52-week high price of $6.62 and is indicating a premium of 46.39% from its 52-week low price of $2.82. Taking a look at company’s average trading volume volume of 3.56 million if we extend that period to 3-months.

Infinera Corp. (NASDAQ:INFN) trade information

Upright in the green during last session for gaining 5.41%, in the last five days INFN remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $5.26 price level, adding 0.19% to its value on the day. Infinera Corp.’s shares saw a change of 10.74% in year-to-date performance and have moved 5.84% in past 5-day. Infinera Corp. (NASDAQ:INFN) showed a performance of -15.84% in past 30-days.

Infinera Corp. (INFN) estimates and forecasts

This year revenue growth is estimated to rise 1.90% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 443.63M for the same. And 9 analysts are in estimates of company making revenue of 336.99M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 23.26% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 14.63% while estimates for its earnings growth in next 5 years are of 20.00%.

INFN Dividends

Infinera Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.