Aviat Networks Inc (NASDAQ:AVNW)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.52 and traded as high as $13.00. Aviat Networks shares last traded at $13.00, with a volume of 200 shares changing hands.
Separately, ValuEngine upgraded Aviat Networks from a “hold” rating to a “buy” rating in a report on Wednesday, July 3rd.
The stock has a market cap of $69.64 million, a price-to-earnings ratio of 21.58 and a beta of 0.84. The stock has a fifty day moving average of $13.05 and a two-hundred day moving average of $13.52.
About Aviat Networks (NASDAQ:AVNW)
Aviat Networks, Inc designs, manufactures, and sells a range of wireless networking products, solutions, and services worldwide. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile networks; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments, network expansion, and capacity upgrades.
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