Calix Ltd. Announces New Securities Quotation on ASX

Tip Ranks
2025.06.24 02:37
portai
I'm PortAI, I can summarize articles.

Calix Ltd. has announced the issuance of 28,725 fully paid ordinary securities, which will be quoted on the ASX under the code CXL. This initiative aims to enhance the company's capital structure and support growth initiatives. The latest analyst rating for Calix Ltd. (AU:CXL) is a Buy with a price target of A$2.40. The company focuses on innovative solutions for sustainability challenges in the technology and industrial sectors, with a current market cap of A$64.39M.

Confident Investing Starts Here:

  • Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
  • Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter

Calix Ltd. ( (AU:CXL) ) has issued an update.

Calix Ltd. has announced the issuance of 28,725 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CXL. This move is part of the company’s strategy to enhance its capital structure and support its ongoing growth initiatives, potentially strengthening its market position and providing value to its stakeholders.

The most recent analyst rating on (AU:CXL) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.

More about Calix Ltd.

Calix Ltd. operates in the technology and industrial sectors, focusing on developing and commercializing innovative solutions for global sustainability challenges. The company is known for its advanced materials and processes that aim to reduce environmental impact across various industries.

Average Trading Volume: 353,204

Technical Sentiment Signal: Sell

Current Market Cap: A$64.39M

For a thorough assessment of CXL stock, go to TipRanks’ Stock Analysis page.

Trending Articles:

  • All Eyes on Micron Stock Ahead of Earnings — Here’s What Stifel Expects
  • ‘Don’t Ignore the Elephant in the Room,’ Says Investor About Intel Stock
  • ‘Position Yourself for What’s Next,’ Says Investor About Nvidia Stock

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.