Cisco Systems, Inc. (NASDAQ:CSCO) saw a slight increase of 0.1% in its shares on Friday, reaching a high of $46.80 and closing at $46.64. The trading volume was significantly lower than average at 2,448,325 shares. Wall Street analysts have given mixed ratings to the company, with some raising price targets and others downgrading their ratings. The company’s operations were down 0.4%, with a steady moving average and other financial ratios. Cisco Systems reported positive earnings, beating analysts’ estimates and announcing a dividend payout. Insider trading activities were also noted, with executives selling shares. Hedge funds have shown interest in the company, with some increasing their stakes. Cisco Systems designs, manufactures, and sells internet protocol-based networks and related products worldwide. Further information and analysis can be found in the complete report on Cisco Systems.
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https://www.defenseworld.net/2024/05/26/cisco-systems-nasdaqcsco-trading-0-1-higher.html
Cisco Systems (CSCO) Stock Shows 0.1% Increase in Trading
