Airspan Networks (OTCMKTS:AIRO) Stock Price Down 5% – Here’s Why

Airspan Networks Inc. (OTCMKTS:AIRO) shares fell 5% on Monday . The company traded as low as $8.28 and last traded at $8.30. 495,651 shares traded hands during trading, a decline of 55% from the average session volume of 1,110,319 shares. The stock had previously closed at $8.74.

Airspan Networks Price Performance

The business’s 50-day moving average price is $10.79 and its 200 day moving average price is $17.99.

Airspan Networks Company Profile

Airspan Networks (OTCMKTS: AIRO) is a global provider of wireless broadband solutions, specializing in 4G LTE and 5G network technologies. Headquartered in Boca Raton, Florida, the company offers a portfolio that spans small cell products, macro network solutions, and proprietary software platforms designed to optimize network performance and capacity. Since its founding in 1998, Airspan has focused on enabling dense urban deployments, rural broadband connectivity, and private network applications for enterprise and industrial clients.

The company’s product lineup includes high-performance small cell radios for indoor and outdoor applications, XHaul transport solutions for fronthaul and backhaul connectivity, and network orchestration software that supports network slicing and automation.