As on Thursday, Ribbon Communications Inc (NASDAQ: RBBN) got off with the flyer as it spiked 3.85% to $4.05, before settling in for the price of $3.90 at the close. Taking a more long-term approach, RBBN posted a 52-week range of $2.46-$4.31.
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It was noted that the giant of the Communication Services sector posted annual sales growth of 9.05% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 12.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.81%. This publicly-traded company’s shares outstanding now amounts to $174.74 million, simultaneously with a float of $143.65 million. The organization now has a market capitalization sitting at $710.31 million. At the time of writing, stock’s 50-day Moving Average stood at $3.80, while the 200-day Moving Average is $3.30.
Ribbon Communications Inc (RBBN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Telecom Services industry. Ribbon Communications Inc’s current insider ownership accounts for 18.10%, in contrast to 71.75% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s Director sold 5,790 shares at the rate of 3.04, making the entire transaction reach 17,602 in total value, affecting insider ownership by 303,549.
Ribbon Communications Inc (RBBN) Earnings and Revenue Records
Ribbon Communications Inc’s EPS increase for this current 12-month fiscal period is 3.81% and is forecasted to reach 0.29 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 12.07% growth it accomplished over the previous five years trading on the market.
Ribbon Communications Inc (NASDAQ: RBBN) Trading Performance Indicators
Let’s observe the current performance indicators for Ribbon Communications Inc (RBBN). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 0.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.88.
In the same vein, RBBN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.31, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 0.29 at the market close of one year from today.
Technical Analysis of Ribbon Communications Inc (RBBN)
Through scrutinizing the latest numbers posted by the [Ribbon Communications Inc, RBBN], it can be observed that its last 5-days Average volume of 0.48 million was better the volume of 0.37 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 46.24% While, its Average True Range was 0.17.
Raw Stochastic average of Ribbon Communications Inc (RBBN) in the period of the previous 100 days is set at 83.33%, which indicates a major rise in contrast to 52.69% 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 37.86% that was lower than 47.07% volatility it exhibited in the past 100-days period.
