Ceragon Networks Ltd (NASDAQ: CRNT) started the day on Thursday, with a price decrease of -3.46% at $4.74, before settling in for the price of $4.91 at the close. Taking a more long-term approach, CRNT posted a 52-week range of $1.83-$5.00.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 0.97%. Meanwhile, its Annual Earning per share during the time was -24.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 86.67%. This publicly-traded company’s shares outstanding now amounts to $85.64 million, simultaneously with a float of $68.30 million. The organization now has a market capitalization sitting at $407.03 million. At the time of writing, stock’s 50-day Moving Average stood at $3.10, while the 200-day Moving Average is $2.86.
Ceragon Networks Ltd (CRNT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Communication Equipment Industry. Ceragon Networks Ltd’s current insider ownership accounts for 20.46%, in contrast to 16.71% institutional ownership.
Ceragon Networks Ltd (CRNT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
Ceragon Networks Ltd’s EPS increase for this current 12-month fiscal period is 86.67% and is forecasted to reach 0.39 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the -24.32% growth it accomplished over the previous five years trading on the market.
Ceragon Networks Ltd (NASDAQ: CRNT) Trading Performance Indicators
Let’s observe the current performance indicators for Ceragon Networks Ltd (CRNT). It’s Quick Ratio in the last reported quarter now stands at 1.32. The Stock has managed to achieve an average true range (ATR) of 0.32. Alongside those numbers, its PE Ratio stands at $21.76, and its Beta score is 1.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.08. Similarly, its price to free cash flow for trailing twelve months is now 18.31.
In the same vein, CRNT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.22, a figure that is expected to reach 0.10 in the next quarter, and analysts are predicting that it will be 0.39 at the market close of one year from today.
Technical Analysis of Ceragon Networks Ltd (CRNT)
If we take a close look at the recent performances of Ceragon Networks Ltd (NASDAQ: CRNT), its last 5-days Average volume was 2.93 million that shows progress from its year to date volume of 0.61 million. During the previous 9 days, stock’s Stochastic %D was recorded 72.46% While, its Average True Range was 0.37.
Raw Stochastic average of Ceragon Networks Ltd (CRNT) in the period of the previous 100 days is set at 90.28%, which indicates a major rise in contrast to 85.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 102.96% that was higher than 61.30% volatility it exhibited in the past 100-days period.
