Calnex Solutions (LON:CLX) Stock Price Down 1.8%

Calnex Solutions plc (LON:CLX) shares dropped 1.8% during mid-day trading on Tuesday . The company traded as low as GBX 53 ($0.66) and last traded at GBX 54 ($0.67). Approximately 51,142 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 119,548 shares. The stock had previously closed at GBX 55 ($0.68).

Calnex Solutions Stock Performance

The company has a quick ratio of 3.22, a current ratio of 3.81 and a debt-to-equity ratio of 2.05. The company has a market cap of £47.55 million, a PE ratio of 1,810.00 and a beta of 1.85. The business’s fifty day moving average is GBX 66.74 and its 200-day moving average is GBX 65.89.

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.