DASAN Zhone Solutions Inc (NASDAQ:DZSI) has been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokerages have set a one year consensus price target of $10.00 for the company, according to Zacks. Zacks has also given DASAN Zhone Solutions an industry rank of 107 out of 265 based on the ratings given to related companies.

A number of research firms have issued reports on DZSI. Zacks Investment Research downgraded shares of DASAN Zhone Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine cut shares of DASAN Zhone Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th.

An institutional investor recently raised its position in DASAN Zhone Solutions stock. Dimensional Fund Advisors LP grew its position in DASAN Zhone Solutions Inc (NASDAQ:DZSI) by 43.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,758 shares of the communications equipment provider’s stock after purchasing an additional 8,717 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.18% of DASAN Zhone Solutions worth $196,000 as of its most recent filing with the SEC. 8.99% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DASAN Zhone Solutions (NASDAQ:DZSI) traded up $0.18 on Monday, hitting $9.46. 16,949 shares of the stock were exchanged, compared to its average volume of 13,900. The company has a market cap of $155.00, a P/E ratio of -14.33 and a beta of 4.34. The company has a current ratio of 1.80, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08. DASAN Zhone Solutions has a 52 week low of $4.25 and a 52 week high of $9.68.

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DASAN Zhone Solutions Company Profile

DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.

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