Quantenna Communications Inc (QTNA) Coverage Initiated by Analysts at Barclays PLC
Separately, Deutsche Bank AG initiated coverage on Quantenna Communications in a research report on Tuesday. They issued a “buy” rating on the stock.
Quantenna Communications (NASDAQ:QTNA) opened at 19.99 on Tuesday. Quantenna Communications has a 52-week low of $13.75 and a 52-week high of $20.02. The firm’s market capitalization is $655.29 billion. The firm has a 50-day moving average price of $16.63 and a 200 day moving average price of $16.63.
In related news, Director Mark A. Stevens acquired 15,000 shares of Quantenna Communications stock in a transaction dated Wednesday, November 2nd. The shares were acquired at an average cost of $16.00 per share, for a total transaction of $240,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sean Sobers acquired 10,000 shares of Quantenna Communications stock in a transaction dated Wednesday, November 2nd. The stock was bought at an average price of $16.00 per share, for a total transaction of $160,000.00. Following the completion of the transaction, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at $160,000. The disclosure for this purchase can be found here.
Quantenna Communications Company Profile
Quantenna Communications Inc is a United States-based company, which designs wireless fidelity (Wi-Fi) chips used in set-top boxes (STBs) and wireless routers. The Company offers products, including QSR10G, QSR2000, QSR1000, QHS710 and MAUI. The QSR10G Wi-Fi chipset is the 10-giga bytes per second (Gbps) solution for access points and repeaters.
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