Ceragon Networks Ltd (NASDAQ: CRNT) kicked off on Friday, down -4.57% from the previous trading day, before settling in for the closing price of $5.25. Over the past 52 weeks, CRNT has traded in a range of $2.33-$5.73.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 5.45%. While this was happening, its average annual earnings per share was recorded 83.33%. With a float of $68.30 million, this company’s outstanding shares have now reached $85.64 million.
The extent of productivity of a business whose workforce counts for 1407 workers is very important to gauge. 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) Insider Updates
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 17.26%. 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) Performance Highlights and Predictions
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 83.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.04% 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
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 1.14. Likewise, its price to free cash flow for the trailing twelve months is 19.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.39 in one year’s time.
Technical Analysis of Ceragon Networks Ltd (CRNT)
The latest stats from [Ceragon Networks Ltd, CRNT] show that its last 5-days average volume of 2.8 million was superior to 2.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.72%. Additionally, its Average True Range was 0.34.
During the past 100 days, Ceragon Networks Ltd’s (CRNT) raw stochastic average was set at 78.85%, which indicates a significant increase from 57.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.08% in the past 14 days, which was higher than the 72.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.65, while its 200-day Moving Average is $3.18. Now, the first resistance to watch is $5.24. This is followed by the second major resistance level at $5.47. The third major resistance level sits at $5.61. If the price goes on to break the first support level at $4.87, it is likely to go to the next support level at $4.73. Assuming the price breaks the second support level, the third support level stands at $4.50.
Ceragon Networks Ltd (NASDAQ: CRNT) Key Stats
The company with the Market Capitalisation of 430.21 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.
