Anterix Inc (ATEX) stock has achieved a 52-week high, reaching $59.44. This milestone reflects strong performance over the past year.
The stock has seen a 102.13% increase over 12 months and a 163% surge in the last six months. Currently trading at $58.42, the market cap stands at $1.07 billion.
This upward trend indicates robust investor confidence. According to Bond.az, the stock is trading near its 52-week high with strong returns across multiple timeframes.
In recent news, Anterix received FCC approval for an experimental license to test satellite direct-to-device communications in collaboration with Lynk Global, utilizing its 900 MHz spectrum.
Additionally, Anterix signed a 900 MHz spectrum sale agreement with Texas-New Mexico Power to enhance grid operations via a private wireless network for 2025-2027.
The company also expanded its partnership with Qualcomm Technologies to develop industrial-grade IoT chipsets, leveraging Snapdragon modems for 4G/5G connectivity on Anterix's platform.
These developments highlight Anterix's efforts to advance technology and strengthen partnerships in the utility and communications sectors.
