Cisco Systems Inc. currently has a total float of 5.03 billion shares and moves 20.69 million a day, on average. The stock opened at $28.45 on April 28 and traded between a low of $27.79 and a high of $28.59.
Like many tech industry titans, Cisco's new-ish CEO Chuck Robbins is focused on transforming the networking giant from an enterprise-based, "old-school" solutions provider into a cloud and Internet of Things (IoT) leader.
Cisco Systems, Inc. (CSCO) shares traded down -2.37% during last trading, hitting $27.96. The shares of CSCO currently has mean rating of Outperform while 12 analysts have recommended the shares as BUY, 11 recommended as OUTPERFORM and 14 ...
In equity options news, Tesla Motors Inc (NASDAQ:TSLA) continued to rack up the preorders on its newly unveiled Model 3 on Friday, with CEO Elon Musk reporting the figure had topped more than a quarter-million vehicles.
UBS believes Cisco Systems Inc. (NASDAQ:CSCO) will most likely become a preferred customer choice, as it has positioned itself well in network intelligence, mastering a complex aspect of corporate IT, thus enjoying economies of scale.