On Tuesday, CIENA Corp (NYSE: CIEN) opened higher 5.18% from the last session, before settling in for the closing price of $75.44. Price fluctuations for CIEN have ranged from $44.89 to $101.44 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -18.58% annually for the last half of the decade. Company’s average yearly earnings per share was noted 24.25% at the time writing. With a float of $138.85 million, this company’s outstanding shares have now reached $141.69 million.
In an organization with 8657 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 41.94%, operating margin of 4.68%, and the pretax margin is 3.56%.
CIENA Corp (CIEN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of CIENA Corp is 1.78%, while institutional ownership is 96.59%. The most recent insider transaction that took place on Jun 16 ’25, was worth 504,458. In this transaction President, CEO of this company sold 6,800 shares at a rate of $74.19, taking the stock ownership to the 348,480 shares. Before that another transaction happened on Jun 16 ’25, when Company’s SVP and Chief Strategy Officer sold 2,500 for $74.13, making the entire transaction worth $185,328. This insider now owns 199,870 shares in total.
CIENA Corp (CIEN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 24.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.72% during the next five years compared to -18.58% drop over the previous five years of trading.
CIENA Corp (NYSE: CIEN) Trading Performance Indicators
Check out the current performance indicators for CIENA Corp (CIEN). In the past quarter, the stock posted a quick ratio of 2.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63. Likewise, its price to free cash flow for the trailing twelve months is 38.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 3.32 in one year’s time.
Technical Analysis of CIENA Corp (CIEN)
Let’s dig in a bit further. During the last 5-days, its volume was 2.18 million. That was inferior than the volume of 2.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.72%.
During the past 100 days, CIENA Corp’s (CIEN) raw stochastic average was set at 66.13%, which indicates a significant increase from 55.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.42% in the past 14 days, which was higher than the 59.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.14, while its 200-day Moving Average is $72.43. However, in the short run, CIENA Corp’s stock first resistance to watch stands at $80.79. Second resistance stands at $82.24. The third major resistance level sits at $84.60. If the price goes on to break the first support level at $76.98, it is likely to go to the next support level at $74.62. The third support level lies at $73.17 if the price breaches the second support level.
CIENA Corp (NYSE: CIEN) Key Stats
There are currently 141,367K shares outstanding in the company with a market cap of 11.22 billion. Presently, the company’s annual sales total 4,015 M according to its annual income of 83,960 K. Last quarter, the company’s sales amounted to 1,126 M and its income totaled 8,970 K.
