In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Ribbon Communications Inc (NASDAQ: RBBN) was $3.94 for the day, up 0.77% from the previous closing price of $3.91. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our analysis of RBBN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 445.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 1.02.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.82.
Stock Price History:
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 11.68%, while the 200-Day Moving Average is calculated to be 4.70%.
Shares Statistics:
A total of 175.97M shares are outstanding, with a floating share count of 144.18M. Insiders hold about 18.33% of the company’s shares, while institutions hold 72.50% stake in the company.
