The stock last traded at $5.60 which is just over the 50 day moving average which is $5.18 and which is slightly below the 200 day moving average of $6.15. The 50 day moving average went up by +8.11% whereas the 200 day average was down by -8.97%. 215K shares changed hands in the last trading session. Overall, volume was down 26.55% under the stocks normal daily volume.
Traders are a little more bullish on Calix, Inc recently if you take into consideration the fall in short interest. The company experienced a fall in short interest between September 15, 2017 and September 29, 2017 of -35.78%. Short shares fell 505,104 over that timeframe. The short-interest ratio decreased to 4.0 and the short interest percentage is 0.02% as of September 29.
A few notable investment firms have updated their holdings. Nokomis Capital, L.l.c. expanded its stake by buying 453,347 shares an increase of 16.1% as of 06/30/2017. Nokomis Capital, L.l.c. currently owns 3,277,861 shares with a value of $22,453,000. The value of the position overall is up by 9.6%. As of quarter end Ubs Group Ag had bought a total of 695 shares growing its holdings by 55.2%. The value in dollars increased from $9,000 to $13,000 increasing 44.4% quarter to quarter.
Schonfeld Strategic Advisors LLC augmented its holdings by buying 15,100 shares an increase of 33.6%. Schonfeld Strategic Advisors LLC now controls 60,101 shares valued at $412,000. The total value of its holdings increased 26.4%. Horrell Capital Management, Inc. added to its investment by buying 202,000 shares an increase of 29.3% in the quarter. Horrell Capital Management, Inc. controls 892,000 shares worth $4,505,000. The value of the position overall is down by 4.7%.
In the last earnings report the EPS was $-1.28 and is estimated to be $-1.21 for the current year with 50,307,000 shares presently outstanding. Next quarter’s EPS is forecasted at $-0.11 with next year’s EPS anticipated to be $-0.07.
Calix, Inc. (Calix), launched on August 17, 1999, is a provider of broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide a range of services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. The Company develops and sells carrier-class hardware and cloud products that are designed to enhance and transform CSP access networks. The Calix portfolio consists of three core systems and/or nodes: E-Series access systems and nodes (E-Series systems and nodes), B6 access nodes (B-Series nodes), and the C7 multiservice, multiprotocol access system (C-Series system). These systems and nodes are complemented by the P-Series optical network terminals (ONTs) and residential gateways, the GigaFamily of GigaCenters, GigaHubs, and GigaPoints, the Calix Management System (CMS), OpenLink Cable software and Compass Cloud family of software-as-a-service (SaaS) products..