Casa Systems Inc. (NASDAQ:CASA) traded at a new 52-week high today of $8.56. So far today approximately 123,000 shares have been exchanged, as compared to an average 30-day volume of 403,000 shares.
Casa Systems Inc. (NASDAQ:CASA) has potential upside of 92.5% based on a current price of $8.50 and analysts’ consensus price target of $16.36.
Over the past year, Casa Systems Inc. has traded in a range of $1.85 to $8.56 and is now at $8.50, 359% above that low.
Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company”s product line includes cable networks, IP networks, mobile network, optical networks, professional and managed services and others.
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