Deeper Dive: Understanding Ceragon Networks Ltd (CRNT) Through its Various Ratios

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The price of Ceragon Networks Ltd (NASDAQ: CRNT) closed at $4.07 in the last session, down -1.21% from day before closing price of $4.12. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 1.86 million shares were traded. CRNT stock price reached its highest trading level at $4.17 during the session, while it also had its lowest trading level at $3.93.

Ratios:

We take a closer look at CRNT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.08.

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, ROTH MKM on October 28, 2024, initiated with a Buy rating and assigned the stock a target price of $4.50.

On September 16, 2021, Aegis Capital started tracking the stock assigning a Buy rating and target price of $6.

Needham Upgraded its Hold to Buy on May 04, 2021, while the target price for the stock was maintained at $4.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 27 ’24 when Rotstein Ronen bought 10,258 shares for $4.06 per share.

Alvarez Murillo Carlos Eduardo bought 34,375 shares of CRNT for $4,955,500 on Nov 26 ’24. On Nov 25 ’24, another insider, Liran Shlomo, who serves as the Director of the company, bought 16,667 shares for $3.70 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRNT now has a Market Capitalization of 349492928 and an Enterprise Value of 260594752. As of this moment, Ceragon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.69, and their Forward P/E ratio for the next fiscal year is 9.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 0.719 whereas that against EBITDA is 6.535.

Stock Price History:

Over the past 52 weeks, CRNT has reached a high of $4.16, while it has fallen to a 52-week low of $1.79. The 50-Day Moving Average of the stock is 48.65%, while the 200-Day Moving Average is calculated to be 46.46%.

Shares Statistics:

According to the various share statistics, CRNT traded on average about 617.94K shares per day over the past 3-months and 2239400 shares per day over the past 10 days. A total of 85.42M shares are outstanding, with a floating share count of 68.30M. Insiders hold about 20.46% of the company’s shares, while institutions hold 16.71% stake in the company. Shares short for CRNT as of 1730332800 were 85925 with a Short Ratio of 0.07, compared to 1727654400 on 112318. Therefore, it implies a Short% of Shares Outstanding of 85925 and a Short% of Float of 0.1.

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