Recently stock market analysts have updated their consensus ratings on shares of Meru Networks, Inc. (MERU).
Most recent broker ratings
04/29/2014 – Meru Networks, Inc. was downgraded to “market perform” by analysts at William Blair.
Meru Networks, Inc. has a 50 day moving average of 1.59 and a 200 day moving average of 2.10.It has a 52-week low of 1.20 and a 52-week high of 4.50.
The share price of the company (MERU) was up +0.00% during the last trading session, with a high of 0.00 and the volume of Meru Networks, Inc. shares traded was 0.
Meru Networks, Inc. (Meru) develops and markets a virtualized Wireless Local Area Network (WLAN) solution. The Company’s solution is built around its System Director Operating System, which runs on its controllers and access points. The Company offers additional products designed to deliver network management, diagnostics and security. The Company also offers support services related to its products, professional services, and training. Its products and services are sold through value added resellers, and distributors, as well as its sales force. Its System Director Operating System forms the core of its virtualized WLAN solution. It provides a family of controllers that run its System Director Operating System and work in conjunction with its access points. Its Wireless Fidelity (Wi-Fi) certified access points provide network connectivity for wireless devices. Its bring-your-own-device (BYOD) and policy management solutions are designed to automate secure guest access.