Clearfield Inc. (CLFD) Soars 7.56% on January 02

Clearfield Inc. (CLFD) Soars 7.56% on January 02

Clearfield Inc. (CLFD) had a good day on the market for Wednesday January 02 as shares jumped 7.56% to close at $10.67. About 28,011 shares traded hands on 260 trades for the day, compared with an average daily volume of n/a shares out of a total float of 13.65 million. After opening the trading day at $9.86, shares of Clearfield Inc. stayed within a range of $10.68 to $9.86.

With today’s gains, Clearfield Inc. now has a market cap of $145.6 million.

The stock has a P/E Ratio of 29.4. Shares of Clearfield Inc. have been trading within a range of $15.30 and $8.41 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

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