At the time of writing, Ceragon Networks Ltd [CRNT] stock is trading at $3.70, up 14.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRNT shares have gain 36.53% over the last week, with a monthly amount glided 49.80%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ceragon Networks Ltd [NASDAQ: CRNT] stock has seen the most recent analyst activity on October 28, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $4.50. Previously, Aegis Capital started tracking the stock with Buy rating on September 16, 2021, and set its price target to $6. On May 04, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $4.50 on the stock. Needham upgraded its rating to a Hold. Oppenheimer upgraded its rating to a Outperform but $6.50 remained the price target by the analyst firm on February 22, 2021. Needham downgraded its rating to Underperform for this stock on January 20, 2021. In a note dated April 17, 2020, Needham upgraded an Buy rating on this stock but restated the target price of $3.25.
For the past year, the stock price of Ceragon Networks Ltd fluctuated between $1.75 and $3.38. Ceragon Networks Ltd [NASDAQ: CRNT] shares were valued at $3.70 at the most recent close of the market.
Analyzing the CRNT fundamentals
According to Ceragon Networks Ltd [NASDAQ:CRNT], the company’s sales were 377.62M for trailing twelve months, which represents an 17.66% jump. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.40 points at the first support level, and at 3.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.85, and for the 2nd resistance point, it is at 4.01.
Ratios To Look Out For
It is important to note that Ceragon Networks Ltd [NASDAQ:CRNT] has a current ratio of 1.77. As well, the Quick Ratio is 1.32, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 2.02 and price to earnings (TTM) ratio is 16.99.
Transactions by insiders
Recent insider trading involved Rotstein Ronen, Regional President North Ameri, that happened on Nov 21 ’24 when 6072.0 shares were purchased. Officer, Tripathi Ram Prakash completed a deal on Nov 21 ’24 to buy 30937.0 shares. Meanwhile, Director Ripstein David bought 4000.0 shares on Nov 21 ’24.
