DragonWave, Inc. (TSE:DWI) received a C$3.00 price objective from stock analysts at Desjardins in a report released on Friday. The brokerage currently has a a “sell” rating on the stock. Desjardins’ price objective suggests a potential downside of 9.64% from the company’s current price.
DragonWave (TSE:DWI) traded down 5.12% during trading on Friday, reaching $3.15. 11,117 shares of the company’s stock traded hands. The company has a 50-day moving average price of $3.60 and a 200 day moving average price of $71.10. DragonWave has a one year low of $2.00 and a one year high of $13.96. The firm’s market capitalization is $11.42 million.