Is Infinera Corp. (NASDAQ: INFN) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Infinera to Showcase Advances in Optical Networking Solutions at OFC 2024.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Stocks Info

INFN belongs to the Technology sector of the NASDAQ while operating in the Communication Equipment industry. The current market capitalization of Infinera Corp. is $1.50B. A total of 10.17 million shares were traded on the day, compared to an average of 3.17M shares.

In the most recent transaction, Fernicola Michael H bought 4,000 shares of INFN for 4.00 per share on Aug 17 ’23. After the transaction, the Chief Accounting Officer now owns 111,558 company shares. In a previous transaction on Aug 16 ’23, Fernicola Michael H bought 6,500 shares at 3.90 per share. INFN shares that Chief Accounting Officer owns now total 107,558.

Among the insiders who bought shares, HEARD DAVID W acquired of 6,000 shares on May 22 ’23 at a per-share price of $4.95. This resulted in the Chief Executive Officer holding 744,943 shares of INFN after the transaction.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, INFN has a high of $7.80 and a low of $2.82.

As of this writing, INFN has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.08. The company reported an EPS of $0 in the last quarter, which was 100.00% higher than expectations of -$0.03.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. INFN’s latest balance sheet shows that the firm has $190.61M in Cash & Short Term Investments as of fiscal 2021. There were $549.44M in debt and $612.49M in liabilities at the time. Its Book Value Per Share was $0.79, while its Total Shareholder’s Equity was $323.77M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INFN is Buy with a score of 3.67.

Most Popular

Related Posts