Calix (CALX) Stock Rating Lowered by ValuEngine
ValuEngine lowered shares of Calix (NYSE:CALX) from a sell rating to a strong sell rating in a report issued on Thursday.
Other equities analysts have also issued reports about the stock. Northland Securities raised shares of Calix from a market perform rating to an outperform rating in a report on Wednesday, February 14th. Zacks Investment Research lowered shares of Calix from a hold rating to a sell rating in a report on Monday, November 13th. Finally, BidaskClub raised shares of Calix from a hold rating to a buy rating in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Calix has a consensus rating of Hold and a consensus price target of $6.50.
Calix (CALX) traded up $0.15 during trading hours on Thursday, reaching $6.75. 141,111 shares of the company were exchanged, compared to its average volume of 300,548. Calix has a 1-year low of $4.65 and a 1-year high of $7.40. The company has a market capitalization of $340.17, a price-to-earnings ratio of -4.09 and a beta of 0.66.
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Calix Company Profile
Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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