Calnex Solutions (LON:CLX) Shares Up 0.8%

Calnex Solutions plc (LON:CLX)’s share price rose 0.8% during trading 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 were traded during 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 Price Performance

The stock has a market cap 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 business has a 50 day moving average price of GBX 123.11 and a two-hundred day moving average price of GBX 117.85.

Insider Buying and Selling at Calnex Solutions

In related news, insider Ashleigh Joanne Greenan purchased 1,565 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were bought at an average cost of GBX 115 ($1.44) per share, with a total value of £1,799.75 ($2,252.22). Corporate 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.