Witnessing the stock’s movement on the chart, on Wednesday, CIENA Corp (NYSE: CIEN) had a quiet start as it plunged -4.79% to $83.92, before settling in for the price of $88.14 at the close. Taking a more long-term approach, CIEN posted a 52-week range of $42.20-$91.82.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 2.80%. Meanwhile, its Annual Earning per share during the time was -18.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.09%. This publicly-traded company’s shares outstanding now amounts to $142.66 million, simultaneously with a float of $142.09 million. The organization now has a market capitalization sitting at $12.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $70.22, while the 200-day Moving Average is $55.68.
CIENA Corp (CIEN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Communication Equipment industry. CIENA Corp’s current insider ownership accounts for 1.62%, in contrast to 99.17% institutional ownership. According to the most recent insider trade that took place on Dec 16 ’24, this organization’s SVP and Chief Strategy Officer sold 3,500 shares at the rate of 89.09, making the entire transaction reach 311,815 in total value, affecting insider ownership by 192,997. Preceding that transaction, on Dec 16 ’24, Company’s SVP, General Mgr. Blue Planet sold 1,289 for 89.09, making the whole transaction’s value amount to 114,837. This particular insider is now the holder of 38,197 in total.
CIENA Corp (CIEN) Earnings and Revenue Records
CIENA Corp’s EPS increase for this current 12-month fiscal period is 32.09% and is forecasted to reach 3.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.38% through the next 5 years, which can be compared against the -18.45% growth it accomplished over the previous five years trading on the market.
CIENA Corp (NYSE: CIEN) Trading Performance Indicators
Let’s observe the current performance indicators for CIENA Corp (CIEN). It’s Quick Ratio in the last reported quarter now stands at 2.72. The Stock has managed to achieve an average true range (ATR) of 3.59. Alongside those numbers, its PE Ratio stands at $146.89, and its Beta score is 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.02. Similarly, its price to free cash flow for trailing twelve months is now 32.29.
In the same vein, CIEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.57, a figure that is expected to reach 0.42 in the next quarter, and analysts are predicting that it will be 3.41 at the market close of one year from today.
Technical Analysis of CIENA Corp (CIEN)
Going through the that latest performance of [CIENA Corp, CIEN]. Its last 5-days volume of 5.45 million indicated improvement to the volume of 1.86 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 80.74% While, its Average True Range was 4.21.
Raw Stochastic average of CIENA Corp (CIEN) in the period of the previous 100 days is set at 83.17%, which indicates a major rise in contrast to 65.08% 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 71.96% that was higher than 45.82% volatility it exhibited in the past 100-days period.
