Doctor Jon Cartu Reports - NETGEAR Inc. (NTGR) Settles Into New 52-Week Low on... - Jonathan Cartu Computer Repair Consultant Services
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Doctor Jon Cartu Reports – NETGEAR Inc. (NTGR) Settles Into New 52-Week Low on…

NETGEAR Inc. (NTGR) Settles Into New 52-Week Low on...

Doctor Jon Cartu Reports – NETGEAR Inc. (NTGR) Settles Into New 52-Week Low on…

Shares of NETGEAR Inc. (NTGR) sank into a new 52-week low yesterday, and could be a company to watch
the open. The company’s stock fell to as low as $24.27 yesterday after opening at $25.11. By the closing bell, the company’s stock was at $24.44 a share for a loss of 2.67%.

While no company wants to see their stocks fall into a new 52-week low, opportune investors may have reason to celebrate. Bullish investors with a healthy tolerance for risk may view this as a
chance to buy stocks as distressed prices before a bounce back. With that said, whenever a stock falls into new negative territory, there usually is a compelling reason for it. Investors bearish on
the stock might see the stock reaching its lowest price in a year as a sign of growing downward momentum and take it as a good reason to sell their shares. Bulls, though, could likely see a new
52-week low as the stock hitting its low point and anticipate a recovery in the share price.

NETGEAR Inc. saw 449,990 shares of its stock trade hands, that’s out of 30.15 million shares outstand. The stock has an average daily
volume of n/a shares. After hitting a new 52-week low, NETGEAR Inc. enters the new trading day with a market cap of 736.8 million, a 50-day SMA of $n/a and a
200-day SMA of $n/a

For a complete fundamental analysis analysis of NETGEAR Inc., check out’s Stock Valuation Analysis report

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Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Business (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.

NETGEAR Inc. has 837 employees, is led by CEO Patrick C.S. Lo, and makes its home in San Jose, CA.

NETGEAR Inc. is also a component of the Russell 2000 Index, which is generally viewed as the most reliable indicator of the health of the broader small-cap market. Using a rules-based methodology,
it creates a simple, unbiased view of how America’s stable of smaller publicly traded companies are performing in the stock markets. The index consists of the 2,000 smallest companies of the 3,000
largest publicly-traded companies in the country as judged by market cap. It’s constructed by Russell Investments, which also builds and maintains the Russell 3000 (an index consisting of all 3,000
biggest companies by market cap) and the large-cap Russell 1000 (which has the 1,000 largest companies from the Russell 3000).

To get more information on NETGEAR Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
NTGR’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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