Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Ceragon Networks Ltd’s stock clocked out at $3.01, down -5.94% from its previous closing price of $3.20. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 2.24 million shares were traded.
Ratios:
To gain a deeper understanding of CRNT’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 7.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.25 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:
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 Feb 18 ’25 when Alvarez Murillo Carlos Eduardo bought 18,146 shares for $3.46 per share.
Klomek Alon bought 23,743 shares of CRNT for $82,151 on Feb 18 ’25. On Dec 13 ’24, another insider, Ripstein David, who serves as the Director of the company, bought 7,070 shares for $4.74 each.
Valuation Measures:
As of this moment, Ceragon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.07, and their Forward P/E ratio for the next fiscal year is 7.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.64.
Stock Price History:
Over the past 52 weeks, CRNT has reached a high of $5.73, while it has fallen to a 52-week low of $2.33. The 50-Day Moving Average of the stock is -33.56%, while the 200-Day Moving Average is calculated to be -6.32%.
Shares Statistics:
A total of 85.87M shares are outstanding, with a floating share count of 64.67M. Insiders hold about 24.69% of the company’s shares, while institutions hold 21.05% stake in the company.
