Viavi Solutions Inc.s in-depth stock price analysis indicates that the stock price has rallied 28.72% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 31.53% . Looking at the past 52 week period, the stock price is up at 71.77% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Viavi Solutions Inc. has a positive value of 19.24 compared to overall market. Viavi Solutions Inc. (NASDAQ:VIAV) has climbed 10.73% in the past week and advanced 18.98% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 9.83% and the outperformance has advanced to 16.85% for the last 4 weeks period.
Viavi Solutions Inc. (NASDAQ:VIAV) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.68% at $10.22 with 3,853,935 shares getting traded. Post opening the session at $10.35, the shares hit an intraday low of $10.18 and an intraday high of $10.41 and the price was in this range throughout the day. The company has a market cap of $2,354 million and the number of outstanding shares has been calculated to be 230,314,180 shares. The 52-week high of Viavi Solutions Inc. (NASDAQ:VIAV) is $10.435 and the 52-week low is $5.78.
Viavi Solutions Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.07. The company had revenue of $206.50 million for the quarter, compared to analysts expectations of $197.73 million. The companys revenue was down -11.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Luke M Scrivanich (SVP General Manager OSP) sold 1,483 shares at 9.15 per share price.On Jan 26, 2017, Susan Louise Spradley (SVP General Manager NSE) sold 19,890 shares at 8.98 per share price.On Jan 26, 2017, Dion Joannou (SVP Global Sales NSE) sold 21,229 shares at 8.98 per share price.
Viavi Solutions Inc. provides software and hardware platforms and instruments for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises. The Company offers installation, commissioning, scripting, custom analytics, integration, business intelligence consulting, operational assistance, field and lab testing, technical training, maintenance, and support services. Its operating segment consists of Network and Service Enablement, Communications and Commercial Optical Products and Optical Security and Performance Products. Viavi Solutions Inc., formerly known as JDS Uniphase Corporation, is based in Milpitas, Calif.