Shares of Calix Inc (NYSE:CALX) traded today at $39.62, eclipsing its 52-week high. So far today approximately 602,000 shares have been exchanged, as compared to an average 30-day volume of 936,000 shares.
Calix Inc (NYSE:CALX) is currently priced 8.9% above its average consensus analyst price target of $36.11.
In the past 52 weeks, Calix Inc share prices are bracketed by a low of $5.61 and a high of $39.62 and is now at $39.62, 606% above that low price.
Calix provides broadband communications access systems and software. Its portfolio of products allows communication service providers to deliver a wide variety of services to residential and business customers. The company’s solutions are deployed to more than 1,200 customers domestically and internationally, including the majority of Tier 3 U.S. carriers. The firm’s revenue comprise of revenue from the sale of access and premises systems, software platform licenses and cloud-based software subscriptions. The services revenue includes revenue from professional services, customer support, software- and cloud-based maintenance, extended warranty subscriptions, training, and managed services.
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