Airspan Networks Inc. (OTCMKTS:AIRO – Get Free Report) shares fell 4.4% on Wednesday . The company traded as low as $11.42 and last traded at $12.17. 853,730 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 1,024,074 shares. The stock had previously closed at $12.73.
Airspan Networks Trading Down 4.4%
The firm has a market capitalization of $380.97 million, a PE ratio of 608.50 and a beta of 1.24. The company has a fifty day moving average price of $9.73 and a two-hundred day moving average price of $16.65.
Airspan Networks Company Profile
Airspan Networks (OTCMKTS: AIRO) is a global provider of wireless broadband solutions, specializing in 4G LTE and 5G network technologies. Headquartered in Boca Raton, Florida, the company offers a portfolio that spans small cell products, macro network solutions, and proprietary software platforms designed to optimize network performance and capacity. Since its founding in 1998, Airspan has focused on enabling dense urban deployments, rural broadband connectivity, and private network applications for enterprise and industrial clients.
The company’s product lineup includes high-performance small cell radios for indoor and outdoor applications, XHaul transport solutions for fronthaul and backhaul connectivity, and network orchestration software that supports network slicing and automation.
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