Clearfield traded at $33.97 this Thursday July 2nd, decreasing $4.53 or 11.77 percent since the previous trading session. Looking back, over the last four weeks, Clearfield lost 24.73 percent. Over the last 12 months, its price fell by 23.54 percent. Looking ahead, we forecast Clearfield to be priced at 37.83 by the end of this quarter and at 35.51 in one year, according to Trading Economics global macro models projections and analysts expectations.
Clearfield, Inc. (Clearfield) designs, manufactures, and distributes fiber optic management, protection, and delivery products for communications networks. Clearfield is focused on providing fiber management, fiber protection, and fiber delivery products that accelerate the turn-up of gigabit speed bandwidth to residential homes, businesses, and network infrastructure in the wireline and wireless access network. It provides contract manufacturing services for its customers which include original equipment manufacturers (OEM) requiring copper and fiber cable assemblies built to their specifications. Clearfield products include Clearview, FieldSmart, FieldShield, CraftSmart, WaveSmart and YOURx. Its YOURx platform consists of hardened terminals, test access points, and multiple drop cable options. Its broadband service providers include Multiple Service Operators (cable television) and Community Broadband (Tier 2 and 3 telco carriers, utilities, municipalities, and alternative carriers).