A share price of Ceragon Networks Ltd [CRNT] is currently trading at $5.48, up 15.86%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRNT shares have gain 16.35% over the last week, with a monthly amount glided 25.40%, and seem to be holding up well over a long-time horizon.
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.
Ceragon Networks Ltd experienced fluctuations in its stock price throughout the past year between $2.11 and $5.07. Ceragon Networks Ltd [NASDAQ: CRNT] shares were valued at $5.48 at the most recent close of the market.
Analyzing the CRNT fundamentals
Trailing Twelve Months sales for Ceragon Networks Ltd [NASDAQ:CRNT] were 377.62M which represents 17.66% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
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 5.00 points at the first support level, and at 4.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.79, and for the 2nd resistance point, it is at 6.11.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ceragon Networks Ltd [NASDAQ:CRNT] is 1.77. On the other hand, the Quick Ratio is 1.32, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 1.21, the price to book ratio is 2.99 and price to earnings (TTM) ratio is 25.16.
Transactions by insiders
Recent insider trading involved Ripstein David, Director, that happened on Dec 13 ’24 when 7070.0 shares were purchased. Director, Makov Efrat completed a deal on Dec 11 ’24 to buy 10000.0 shares. Meanwhile, Regional President, Asia-Pacif Querner Mario Sven bought 18750.0 shares on Dec 10 ’24.
