On Tuesday, Ceragon Networks Ltd (NASDAQ: CRNT) opened higher 6.96% from the last session, before settling in for the closing price of $2.3. Price fluctuations for CRNT have ranged from $1.95 to $5.73 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted -31.71% at the time writing. With a float of $82.63 million, this company’s outstanding shares have now reached $88.39 million.
Let’s look at the performance matrix of the company that is accounted for 1456 employees. In terms of profitability, gross margin is 33.95%, operating margin of 8.71%, and the pretax margin is 6.54%.
Ceragon Networks Ltd (CRNT) Insider Updates
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Ceragon Networks Ltd is 6.99%, while institutional ownership is 18.06%. The most recent insider transaction that took place on Jun 03 ’25, was worth 21,650. Before that another transaction happened on May 12 ’25, when Company’s Officer proposed sale 41,550 for $2.17, making the entire transaction worth $90,164.
Ceragon Networks Ltd (CRNT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -31.71% per share during the next fiscal year.
Ceragon Networks Ltd (NASDAQ: CRNT) Trading Performance Indicators
Check out the current performance indicators for Ceragon Networks Ltd (CRNT). In the past quarter, the stock posted a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 28.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, 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)
Ceragon Networks Ltd (NASDAQ: CRNT) saw its 5-day average volume 0.68 million, a negative change from its year-to-date volume of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 42.38%.
During the past 100 days, Ceragon Networks Ltd’s (CRNT) raw stochastic average was set at 14.29%, which indicates a significant decrease from 71.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.71% in the past 14 days, which was lower than the 68.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.28, while its 200-day Moving Average is $3.08. Nevertheless, the first resistance level for the watch stands at $2.52 in the near term. At $2.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.67. If the price goes on to break the first support level at $2.37, it is likely to go to the next support level at $2.27. Assuming the price breaks the second support level, the third support level stands at $2.22.
Ceragon Networks Ltd (NASDAQ: CRNT) Key Stats
There are currently 88,930K shares outstanding in the company with a market cap of 218.54 million. Presently, the company’s annual sales total 394,190 K according to its annual income of 24,060 K. Last quarter, the company’s sales amounted to 88,650 K and its income totaled -980 K.
