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CIENA Corp (NYSE: CIEN) closed the day trading at $72.46 down -0.36% from the previous closing price of $72.72. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 3.35 million shares were traded. CIEN stock price reached its highest trading level at $74.62 during the session, while it also had its lowest trading level at $71.7.
Ratios:
For a better understanding of CIEN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.09. For the most recent quarter (mrq), Quick Ratio is recorded 2.57 and its Current Ratio is at 3.40. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 02 ’25 when SMITH GARY B sold 6,800 shares for $80.62 per share. The transaction valued at 548,203 led to the insider holds 355,280 shares of the business.
SMITH GARY B sold 6,800 shares of CIEN for $543,252 on May 15 ’25. The President, CEO now owns 362,080 shares after completing the transaction at $79.89 per share. On May 15 ’25, another insider, Gage Brodie, who serves as the SVP Global Products & Supply of the company, sold 350 shares for $78.67 each. As a result, the insider received 27,534 and left with 46,233 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 10280189952 and an Enterprise Value of 10578149376. As of this moment, CIENA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 100.93, and their Forward P/E ratio for the next fiscal year is 21.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 2.48 whereas that against EBITDA is 31.024.
Stock Price History:
The Beta on a monthly basis for CIEN is 1.12, which has changed by 0.5779617 over the last 52 weeks, in comparison to a change of 0.11730647 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 $44.69. The 50-Day Moving Average of the stock is 3.41%, while the 200-Day Moving Average is calculated to be 1.30%.
Shares Statistics:
Over the past 3-months, CIEN traded about 2.31M shares per day on average, while over the past 10 days, CIEN traded about 3368100 shares per day. A total of 141.69M shares are outstanding, with a floating share count of 138.85M. Insiders hold about 1.78% of the company’s shares, while institutions hold 96.59% stake in the company. Shares short for CIEN as of 1747267200 were 3900086 with a Short Ratio of 1.69, compared to 1744675200 on 4489438. Therefore, it implies a Short% of Shares Outstanding of 3900086 and a Short% of Float of 4.4299997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
