As of close of business last night, Ribbon Communications Inc’s stock clocked out at $3.83, up 0.13% from its previous closing price of $3.83. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.77 million shares were traded. RBBN stock price reached its highest trading level at $3.85 during the session, while it also had its lowest trading level at $3.76.
Ratios:
To gain a deeper understanding of RBBN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rosenblatt on July 11, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On July 19, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $5.50.Craig Hallum initiated its Buy rating on July 19, 2023, with a $5.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 09 ’25 when JPMORGAN CHASE & CO bought 14 shares for $3.67 per share. The transaction valued at 51 led to the insider holds 52,036,586 shares of the business.
INFANTE BEATRIZ V sold 5,790 shares of RBBN for $17,602 on Sep 13 ’24. The Director now owns 303,549 shares after completing the transaction at $3.04 per share. On Sep 13 ’24, another insider, INFANTE BEATRIZ V, who serves as the Director of the company, bought 5,790 shares for $3.04 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RBBN now has a Market Capitalization of 678224064 and an Enterprise Value of 1027027456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 1.189 whereas that against EBITDA is 10.862.
Stock Price History:
The Beta on a monthly basis for RBBN is 1.33, which has changed by 0.18575847 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, RBBN has reached a high of $5.38, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is -0.80%, while the 200-Day Moving Average is calculated to be -1.62%.
Shares Statistics:
It appears that RBBN traded 570.16K shares on average per day over the past three months and 646100 shares per day over the past ten days. A total of 177.16M shares are outstanding, with a floating share count of 144.31M. Insiders hold about 18.51% of the company’s shares, while institutions hold 72.26% stake in the company. Shares short for RBBN as of 1752537600 were 2714275 with a Short Ratio of 4.76, compared to 1749772800 on 2138708. Therefore, it implies a Short% of Shares Outstanding of 2714275 and a Short% of Float of 2.91.
