Infinera Stock Hits New 52-Week Low (INFN)

NEW YORK (TheStreet) -- Infinera Corporation (Nasdaq:INFN) hit a new 52-week low Wednesday as it is currently trading at $6.09, below its previous 52-week high of $12.90 with 300,110 shares traded as of 1:10 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Infinera has a market cap of $640.9 million and is part of the technology sector and telecommunications industry. Shares are down 39% year to date as of the close of trading on Tuesday.

Infinera Corporation provides optical networking systems based on photonic integration technology in the United States.

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TheStreet Ratings rates Infinera as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. You can view the full Infinera Ratings Report.

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