The stock of Aviat Networks Inc (NASDAQ:AVNW) is a huge mover today! The stock increased 16.09% or $1.8 on November 23, hitting $12.99. About 138,550 shares traded hands or 274.01% up from the average. Aviat Networks Inc (NASDAQ:AVNW) has risen 50.35% since April 22, 2016 and is uptrending. It has outperformed by 44.94% the S&P500.
The move comes after 7 months positive chart setup for the $68.96M company. It was reported on Nov, 24 by Barchart.com. We have $13.90 PT which if reached, will make NASDAQ:AVNW worth $4.83 million more.
Analysts await Aviat Networks Inc (NASDAQ:AVNW) to report earnings on February, 8.
According to Zacks Investment Research, “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. The Company offers advanced wireless IP network migration, preparing the way to the 4G/LTE future. It also offers transformational wireless solutions, including LTE-ready microwave backhaul, WiMAX access and a complete portfolio of essential service options that enable wireless public and private telecommunications operators to deliver advanced data, voice, video and mobility services around the world. In addition, Aviat offers professional services, including installation and commissioning and training. It serves mobile and fixed telephone service providers, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast system operators. Aviat Networks, Inc. is headquartered in Morrisville, North Carolina.”
More notable recent Aviat Networks Inc (NASDAQ:AVNW) news were published by: Prnewswire.com which released: “Aviat Networks to Showcase IP/MPLS, SDN Capabilities at AfricaCom” on November 10, 2016, also Prnewswire.com with their article: “Digicel Selects Aviat Networks’ Transmission Solution” published on November 21, 2016, Prnewswire.com published: “Aviat Networks Announces First Quarter of Fiscal 2017 Financial Results” on November 14, 2016. More interesting news about Aviat Networks Inc (NASDAQ:AVNW) were released by: Prnewswire.com and their article: “Aviat Networks Provides Update on Corporate Realignment Initiatives” published on April 12, 2016 as well as Seekingalpha.com‘s news article titled: “Aviat Networks’ (AVNW) CEO Mike Pangia on Q4 2016 Results – Earnings Call …” with publication date: September 08, 2016.
AVNW Company Profile
Aviat Networks, Inc., incorporated on October 5, 2006, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software. In addition, it provides a range of professional services enabling it to deliver turnkey networks, including design, deployment, maintenance and managed services. The Firm designs, makes and sells a range of wireless networking products, solutions and services to mobile and fixed public network operators, private network operators, Federal, State and Local government agencies, transportation, energy and utility companies, public safety agencies and broadcast network operators around the world. The Firm sells services and products directly to its clients and also use agents and resellers.
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