Ceragon Networks Ltd (NASDAQ: CRNT) on Friday, plunged -5.94% from the previous trading day, before settling in for the closing price of $3.20. Within the past 52 weeks, CRNT’s price has moved between $2.33 and $5.73.
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Technology Sector giant saw their annual sales surged by 7.07% over the last five years. The company achieved an average annual earnings per share of -30.08%. With a float of $64.67 million, this company’s outstanding shares have now reached $85.87 million.
The firm has a total of 1407 workers. Let’s measure their productivity. 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
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Ceragon Networks Ltd is 24.69%, while institutional ownership is 21.05%. The most recent insider transaction that took place on Feb 18 ’25, was worth 62,785. Before that another transaction happened on Feb 18 ’25, when Company’s Officer proposed sale 23,743 for $3.46, making the entire transaction worth $82,151.
Ceragon Networks Ltd (CRNT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -30.08% per share during the next fiscal year.
Ceragon Networks Ltd (NASDAQ: CRNT) Trading Performance Indicators
Ceragon Networks Ltd (CRNT) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 22.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Ceragon Networks Ltd (CRNT)
Analysing the last 5-days average volume posted by the [Ceragon Networks Ltd, CRNT], we can find that recorded value of 2.42 million was lower than the volume posted last year of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 2.06%. Additionally, its Average True Range was 0.32.
During the past 100 days, Ceragon Networks Ltd’s (CRNT) raw stochastic average was set at 20.12%, which indicates a significant increase from 0.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.26% in the past 14 days, which was higher than the 84.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.53, while its 200-day Moving Average is $3.21. Now, the first resistance to watch is $3.17. This is followed by the second major resistance level at $3.34. The third major resistance level sits at $3.42. If the price goes on to break the first support level at $2.92, it is likely to go to the next support level at $2.84. Now, if the price goes above the second support level, the third support stands at $2.67.
Ceragon Networks Ltd (NASDAQ: CRNT) Key Stats
Market capitalization of the company is 258.47 million based on 85,418K outstanding shares. Right now, sales total 394,190 K and income totals 24,060 K. The company made 106,930 K in profit during its latest quarter, and 3,610 K in sales during its previous quarter.
