Calnex Solutions (LON:CLX) Shares Up 0.8%

Calnex Solutions plc (LON:CLX) was up 0.8% on Friday . The stock traded as high as GBX 121.50 ($1.52) and last traded at GBX 121 ($1.51). Approximately 80,243 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 120,288 shares. The stock had previously closed at GBX 120 ($1.50).

Calnex Solutions Stock Up 0.8 %

The firm has a market capitalization of £105.90 million, a PE ratio of 2,016.67 and a beta of 1.55. The company has a debt-to-equity ratio of 2.53, a quick ratio of 3.22 and a current ratio of 3.52. The firm’s 50-day moving average is GBX 123.11 and its 200 day moving average is GBX 117.85.

Insider Activity at Calnex Solutions

In other news, insider Ashleigh Joanne Greenan bought 1,565 shares of the stock in a transaction on Monday, July 10th. The stock was purchased at an average cost of GBX 115 ($1.44) per share, with a total value of £1,799.75 ($2,252.22). Insiders own 28.58% of the company’s stock.

Calnex Solutions Company Profile

Calnex Solutions plc designs, produces, and markets test instrumentation and solutions for network synchronization, and network emulation for telecoms networks, enterprise networks, and data centers in the Americas, North Asia, and internationally. The company offers Calnex SNE-X, a solution for the problem of ethernet testing; Paragon-neo, a platform that provides PTP and SyncE testing to 400GbE and sub-nanosecond accuracy for 5G networks; Paragon-X, a solution to test SyncE, PTP, and NTP mechanisms, as well as E1/T1 sync interfaces and ethernet OAM; Sentinel, a field solution for 3G/4G/5G mobile backhaul, E911/critical infrastructure, financial networks, and power comms; SNE Ignite, a network emulation for 5G O-RAN; Sentry, a solution for remotely monitoring multiple NTP, PTP, and clock signals in data center networks; Calnex SNE, a solution for network emulation and simulation; and NE-ONE, a performance test application for realistic networks, including LAN, WAN, Internet, Cloud, Wi-Fi, (A)DSL, mobile, and satellite to verify application performance.