Shares of Sycamore Networks, Inc. traded up 4.00% during mid-day trading on Friday, hitting $23.92. Sycamore Networks, Inc. has a 52 week low of $16.18 and a 52 week high of $34.31. The stock’s 50-day moving average is $22.68 and its 200-day moving average is $25.65. The company has a market cap of $682.6 million.
Sycamore Networks, Inc. last announced its quarterly results on Thursday, February 24th. The company reported ($0.11) earnings per share (EPS) for the previous quarter, meeting the Thomson Reuters consensus estimate of ($0.11) EPS. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was down 24.7% on a year-over-year basis. On average, analysts predict that Sycamore Networks, Inc. will post $-0.10 EPS next quarter. Sycamore Networks
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