Ceragon Networks Ltd (NASDAQ: CRNT) kicked off on Friday, down -3.34% from the previous trading day, before settling in for the closing price of $5.09. Over the past 52 weeks, CRNT has traded in a range of $2.33-$5.73.
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During the last 5-year period, the sales growth of Technology Sector giant was 5.45%. While this was happening, its average annual earnings per share was recorded 86.67%. With a float of $68.30 million, this company’s outstanding shares have now reached $85.64 million.
Let’s determine the extent of company efficiency that accounts for 1407 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Ceragon Networks Ltd is 20.46%, while institutional ownership is 16.96%. The most recent insider transaction that took place on Dec 13 ’24, was worth 33,512. Before that another transaction happened on Dec 11 ’24, when Company’s Director proposed sale 10,000 for $4.50, making the entire transaction worth $45,000.
Ceragon Networks Ltd (CRNT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 86.67% per share during the next fiscal year.
Ceragon Networks Ltd (NASDAQ: CRNT) Trading Performance Indicators
Take a look at Ceragon Networks Ltd’s (CRNT) current performance indicators. Last quarter, stock had a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 19.00.
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 0.39 in one year’s time.
Technical Analysis of Ceragon Networks Ltd (CRNT)
Looking closely at Ceragon Networks Ltd (NASDAQ: CRNT), its last 5-days average volume was 1.68 million, which is a drop from its year-to-date volume of 2.42 million. As of the previous 9 days, the stock’s Stochastic %D was 72.85%. Additionally, its Average True Range was 0.35.
During the past 100 days, Ceragon Networks Ltd’s (CRNT) raw stochastic average was set at 76.21%, which indicates a significant increase from 41.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.35% in the past 14 days, which was higher than the 68.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.30, while its 200-day Moving Average is $3.08. However, in the short run, Ceragon Networks Ltd’s stock first resistance to watch stands at $5.08. Second resistance stands at $5.24. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $4.83, it is likely to go to the next support level at $4.74. Now, if the price goes above the second support level, the third support stands at $4.58.
Ceragon Networks Ltd (NASDAQ: CRNT) Key Stats
The company with the Market Capitalisation of 422.48 million has total of 85,418K Shares Outstanding. Its annual sales at the moment are 347,180 K in contrast with the sum of 6,220 K annual income. Company’s last quarter sales were recorded 102,670 K and last quarter income was 12,220 K.
