Is This The Calm Before The Storm On Aviat Networks, Inc. (AVNW)?

Aviat Networks, Inc. (AVNW) has seen some recent activity in the stock market and its stock closed at $12.34 yesterday. People are starting to take notice of AVNW as the stock traded as high as $13.79 and as low as $11.12 in the prior trading session.

Aviat Networks, Inc. (AVNW) average trading volume is 16.75K. However, in the prior trading session Aviat Networks, Inc. (AVNW) traded 250,665 shares. The 1st downside support level on AVNW is $11.06 and the 1st resistance level on AVNW is $14.67. AVNW 50-day moving average is $9.03 and AVNW 200 day moving average is $12.21.

Aviat Networks, Inc. (AVNW) most current performance has been indicated by the recent movement in AVNW stock. AVNW has performed 23.52% over the past 4 weeks, AVNW has performed -10.51% over the past 3 months and AVNW has shown -7.84% over the past 365 days. Aviat Networks, Inc. (AVNW) has a 52 week range of $7.10 to $15.27. Aviat Networks, Inc. (AVNW) is trading 73.85% from its 52 week low and -19.16% from its 52 week high. Aviat Networks, Inc. (AVNW) is showing a 0.04% short float showing the sum short in the float.

AVNW has 5.26M shares outstanding and 4.85M shares in the float. Aviat Networks, Inc. (AVNW) presently has a market cap of $64.91M and income of $6.60M. The EPS next quarter for AVNW is 0.25 and anticipated EPS net year is 7.45%. The market cap of Aviat Networks, Inc. (AVNW) at $64.91M represents how many People own shares of AVNW and is based off the last price ($12.34) of AVNW and the sum of shares outstanding (5.26M) with Aviat Networks, Inc. (AVNW).

Aviat Networks, Inc. (AVNW) has total cash (mrq) of 38.07M, total cash per share (mrq) of 7.05, total debt of AVNW stands at 14.9M and total debt/equity (mrq) is 21.76. Aviat Networks, Inc. (AVNW) running cash flow (ttm) is 14.31M and AVNW leveraged free cash flow (ttm) is 11.97M.

AVNW is trading 30.77% above (bullish) its SMA20, 33.38% above (bullish) its SMA50 and -2.54% below (bearish) its SMA200.

Recent News:

In recent news, on May 12, 2020, Aviat Networks Announces Fiscal 2020 Third Quarter and Nine Months Financial Results. In this news it stated, Company Reaffirms Prior Guidance and Remains on Track to Deliver $11 – $12 Million of Adjusted EBITDA in FY20 Aviat Networks, Inc. (NASDAQ: AVNW), (“Aviat Networks,” “Aviat,” or the “Company”), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2020 third quarter and nine months ended April 3, 2020.

About Aviat Networks, Inc. (AVNW):

Aviat Networks, Inc. , previously known as Harris Stratex Networks, Inc. , is a global supplier of wireless network solutions and network management software, backed by a suite of professional services and support.