NEW YORK ( TheStreet) -- Calix (NYSE: CALX) hit a new 52-week low Friday as it is currently trading at $6.69, below its previous 52-week low of $6.83 with 1.2 million shares traded as of 1:06 p.m. ET. Average volume has been 470,200 shares over the past 30 days.

Calix has a market cap of $407.8 million and is part of the technology sector and telecommunications industry. Shares are down 50.3% year to date as of the close of trading on Thursday.

Calix, Inc. provides broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers (CSPs) to connect to their residential and business subscribers.
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TheStreet Ratings rates Calix as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Calix Ratings Report.

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