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Zacks Investment Research downgraded Clearfield Inc (NASDAQ:CLFD) to Hold in a report released today.

Zacks Investment Research has downgraded Clearfield Inc (NASDAQ:CLFD) to Hold in a report released on 09/28/2016.

Previously on Wednesday September 30, 2015, Northland Capital reported about Clearfield Inc (NASDAQ:CLFD) raised the target price from $0.00 to $17.00. At the time, this indicated a possible upside of 0.27%.

Having a price of $18.62, Clearfield Inc (NASDAQ:CLFD) traded 0.16% higher on the day. With the last close up 5.13% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Clearfield Inc has recorded a 50-day average of $18.36 and a two hundred day average of $17.71. Volume of trade was down over the average, with 12,678 shares of CLFD changing hands under the typical 46,525

Performance Chart

Clearfield Inc (NASDAQ:CLFD)

With a total market value of $0, Clearfield Inc has price-earnings ratio of 39.62 with a one year low of $11.59 and a one year high of $20.28 .

More About Clearfield Inc (NASDAQ:CLFD)

Clearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The Company's products include Clearview Cassette, including Clearview Classic and Clearview Blue, and Clearview xPAK; Connectivity and Optical Components, including Cable-to-Cable Deployment and Optical Components; FieldSmart, including FieldSmart Fiber Crossover Distribution System, FieldSmart Fiber Scalability Center, FieldSmart Fiber Delivery Point and FieldSmart Small Count Delivery; FieldShield; CraftSmart, and Cable Assemblies. Its product line with a fiber delivery platform includes optical cable, connectors and microduct. It supplies its products to target market of broadband service providers, including independent local exchange carriers, service operators, wireless service providers and competitive local exchange carriers (CLEC).

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