Clearfield Inc. (CLFD) Plunges 7.17% on December 13

Clearfield Inc. (CLFD) Plunges 7.17% on December 13

Clearfield Inc. (CLFD) had a rough trading day for Thursday December 13 as shares tumbled 7.17%, or a loss of $-0.82 per share, to close at $10.62. After opening the day at $11.32, shares of Clearfield Inc. traded as high as $11.32 and as low as $10.50. Volume was 65,601 shares over 399 trades, against an average daily volume of n/a shares and a total float of 13.65 million.

As a result of the decline, Clearfield Inc. now has a market cap of $144.92 million.

The stock has a P/E Ratio of 35.8.

Clearfield Inc mainly designs, manufactures and distributes fiber protection, fiber management and fiber delivery solutions for the communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States.

Clearfield Inc. is based out of Brooklyn Park, MN and has some 225 employees. Its CEO is Cheryl Podzimek Beranek.

error: Content is protected !!