Key Points
- Helen Kelisky (insider) purchased 20,000 shares of Calnex Solutions (LON:CLX) on 25 November at an average price of GBX 48 per share, totaling about £9,600.
- The stock trades near GBX 49.77 with a market cap of £43.79M, and Canaccord Genuity has reissued a Buy rating with a GBX 115 price target (consensus PT GBX 115).
- Calnex reported a quarterly EPS of GBX (0.80) and very thin margins, though analysts forecast a full-year EPS of around GBX 0.36, signaling mixed fundamentals despite the buy rating.
Calnex Solutions plc (LON:CLX - Get Free Report) insider Helen Kelisky acquired 20,000 shares of the company's stock in a transaction on Tuesday, November 25th. The shares were purchased at an average cost of GBX 48 per share, for a total transaction of £9,600.
Calnex Solutions Price Performance
Shares of LON CLX opened at GBX 49.77 on Thursday. The stock has a 50 day moving average of GBX 57.49 and a two-hundred day moving average of GBX 53.69. Calnex Solutions plc has a twelve month low of GBX 39.25 and a twelve month high of GBX 88.40. The stock has a market cap of £43.79 million, a P/E ratio of 138.25 and a beta of 1.86. The company has a current ratio of 4.15, a quick ratio of 3.22 and a debt-to-equity ratio of 1.52.
Calnex Solutions (LON:CLX - Get Free Report) last issued its quarterly earnings data on Tuesday, November 18th. The company reported GBX (0.80) earnings per share (EPS) for the quarter. Calnex Solutions had a return on equity of 0.15% and a net margin of 0.25%. On average, research analysts forecast that Calnex Solutions plc will post 0.3596909 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 115 price target on shares of Calnex Solutions in a report on Wednesday, November 19th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of GBX 115.
Get Our Latest Report on Calnex Solutions
About Calnex Solutions
(
Get Free Report)
Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecoms and cloud computing industries. Calnex's portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecoms and cloud computing networks and the applications that run on it.
To date, Calnex has secured and delivered orders in 68 countries across the world.
Further Reading
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