On Friday, Ceragon Networks Ltd (NASDAQ: CRNT) was 11.55% up from the session before settling in for the closing price of $4.07. A 52-week range for CRNT has been $1.80 – $4.17.
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Technology Sector giant saw their annual sales surged by 0.97% over the last five years. When this article was written, the company’s average yearly earnings per share was at 77.50%. With a float of $68.30 million, this company’s outstanding shares have now reached $85.42 million.
The firm has a total of 1407 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.73%, operating margin of 9.8%, and the pretax margin is 6.19%.
Ceragon Networks Ltd (CRNT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ceragon Networks Ltd stocks. The insider ownership of Ceragon Networks Ltd is 20.46%, while institutional ownership is 16.71%. The most recent insider transaction that took place on Nov 27 ’24, was worth 41,647. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 34,375 for $144.16, making the entire transaction worth $4,955,500.
Ceragon Networks Ltd (CRNT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 77.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -24.32% drop over the previous five years of trading.
Ceragon Networks Ltd (NASDAQ: CRNT) Trading Performance Indicators
You can see what Ceragon Networks Ltd (CRNT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 19.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Ceragon Networks Ltd (CRNT)
Analysing the last 5-days average volume posted by the [Ceragon Networks Ltd, CRNT], we can find that recorded value of 3.33 million was better than the volume posted last year of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 92.89%. Additionally, its Average True Range was 0.25.
During the past 100 days, Ceragon Networks Ltd’s (CRNT) raw stochastic average was set at 93.26%, which indicates a significant increase from 92.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.12% in the past 14 days, which was higher than the 55.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.78, while its 200-day Moving Average is $2.79. Now, the first resistance to watch is $4.81. This is followed by the second major resistance level at $5.07. The third major resistance level sits at $5.45. If the price goes on to break the first support level at $4.17, it is likely to go to the next support level at $3.79. Now, if the price goes above the second support level, the third support stands at $3.53.
Ceragon Networks Ltd (NASDAQ: CRNT) Key Stats
There are 85,418K outstanding shares of the company, which has a market capitalization of 434.87 million. As of now, sales total 347,180 K while income totals 6,220 K. Its latest quarter income was 102,670 K while its last quarter net income were 12,220 K.
