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The price of CIENA Corp (NYSE: CIEN) closed at $65.76 in the last session, down -5.27% from day before closing price of $69.42. In other words, the price has decreased by -$5.27 from its previous closing price. On the day, 2.28 million shares were traded. CIEN stock price reached its highest trading level at $69.56 during the session, while it also had its lowest trading level at $65.26.
Ratios:
We take a closer look at CIEN’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 7.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.58. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.65. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
On January 28, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $84 to $88.
BofA Securities Upgraded its Neutral to Buy on December 13, 2024, whereas the target price for the stock was revised from $70 to $95.
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 Mar 24 ’25 when Rothenstein David M sold 2,500 shares for $68.88 per share. The transaction valued at 172,200 led to the insider holds 207,370 shares of the business.
DAVID ROTHENSTEIN bought 2,500 shares of CIEN for $163,900 on Mar 24 ’25. On Mar 17 ’25, another insider, SMITH GARY B, who serves as the President, CEO of the company, sold 6,800 shares for $65.18 each. As a result, the insider received 443,208 and left with 391,749 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CIEN now has a Market Capitalization of 9867748352 and an Enterprise Value of 9713858560. As of this moment, CIENA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 121.82, and their Forward P/E ratio for the next fiscal year is 19.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 3.36. Its current Enterprise Value per Revenue stands at 2.399 whereas that against EBITDA is 30.555.
Stock Price History:
The Beta on a monthly basis for CIEN is 1.09, which has changed by 0.37492573 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, CIEN has reached a high of $101.44, while it has fallen to a 52-week low of $43.30. The 50-Day Moving Average of the stock is -17.35%, while the 200-Day Moving Average is calculated to be -0.60%.
Shares Statistics:
According to the various share statistics, CIEN traded on average about 2.50M shares per day over the past 3-months and 2227850 shares per day over the past 10 days. A total of 142.53M shares are outstanding, with a floating share count of 140.14M. Insiders hold about 1.41% of the company’s shares, while institutions hold 99.54% stake in the company. Shares short for CIEN as of 1741910400 were 4200059 with a Short Ratio of 1.68, compared to 1739491200 on 3939701. Therefore, it implies a Short% of Shares Outstanding of 4200059 and a Short% of Float of 4.77.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
