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Calix Ltd. ( (AU:CXL) ) has issued an update.
Calix Ltd. has announced the issuance of 28,725 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CXL. This move is part of the company’s strategy to enhance its capital structure and support its ongoing growth initiatives, potentially strengthening its market position and providing value to its stakeholders.
The most recent analyst rating on (AU:CXL) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
More about Calix Ltd.
Calix Ltd. operates in the technology and industrial sectors, focusing on developing and commercializing innovative solutions for global sustainability challenges. The company is known for its advanced materials and processes that aim to reduce environmental impact across various industries.
Average Trading Volume: 353,204
Technical Sentiment Signal: Sell
Current Market Cap: A$64.39M
For a thorough assessment of CXL stock, go to TipRanks’ Stock Analysis page.