Casa Systems, Inc. (CASA) Formed a Double Top, Could Be One of The Best Performers Soon

April 20, 2018 - By Dolores Ford

The chart of Casa Systems, Inc. (CASA) shows a double top with $32.31 target or 6.00 % above today’s $30.48 share price. The 8 months chart pattern indicates low risk for the $2.49 billion company. It was reported on Apr, 20 by Finviz.com. If the $32.31 price target is reached, the company will be worth $149.22 million more. Double tops are rare but powerful chart patterns.

The stock decreased 3.75% or $1.1887 during the last trading session, reaching $30.4813. About 446,507 shares traded. Casa Systems, Inc. (NASDAQ:CASA) has 0.00% since April 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Casa Systems, Inc. (NASDAQ:CASA) to report earnings on June, 5. CASA’s profit will be $15.50M for 40.11 P/E if the $0.19 EPS becomes a reality. After $0.54 actual EPS reported by Casa Systems, Inc. for the previous quarter, Wall Street now forecasts -64.81 % negative EPS growth.

Casa Systems, Inc. (NASDAQ:CASA) Ratings Chart

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