Analysts Rating Alert: Ceragon Networks Ltd. (NASDAQ:CRNT)

Oppenheimer analyst George Iwanyc lowered the price target on Ceragon Networks Ltd. (NASDAQ:CRNT) to $3.50 (from $5.00) while maintaining a Outperform rating.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the CRNT is 21.70%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the CRNT is 21.80%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that CRNT. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Ceragon Networks Ltd. (NASDAQ:CRNT) is 0.00%.

Institutional transactions is the amount of a Ceragon Networks Ltd. (NASDAQ:CRNT)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the CRNT is -20.58%.

A Technology sector firm, Ceragon Networks Ltd. (NASDAQ:CRNT) stock shed -9.84% on Tuesday and when day-trade ended the stock finally concluded at $2.75 and number of shares that changed hands during the day are 1.18 Million. The number of shares CRNT stock currently held by all its shareholders are 81.77 and floated shares, the number of shares are available for trading in an open market on last trading day are 60.29. The average volume of shares for 3 months is 532.71 and CRNT stock value has moved between $2.67 – 5 in last one year.

[finviz ticker=crnt]

The Ceragon Networks Ltd. (NASDAQ:CRNT)’s latest earnings date is 8/5/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Ceragon Networks Ltd. (NASDAQ:CRNT) is 34.30% and the profit margin is 6.60% and the stock has gained -27.25% in 2019 to date.

Ceragon Networks Ltd. (NASDAQ:CRNT)’s monthly stock performance is -3.17%, the quarterly performance is -26.08%, the half year performance is calculated as -27.25%. The yearly performance of CRNT is -22.97%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Ceragon Networks Ltd. (NASDAQ:CRNT) weekly volatility is measured as 4.28% and monthly volatility measured as 4.28%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. CRNT return on assets is 8.00%, the return on equity (ROE) of the Ceragon Networks Ltd. (NASDAQ:CRNT) is 14.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and CRNT return on investment is 18.40%.

The price to earnings ratio is 10.30, price to sales ratio is 0.68, and price to book ratio is 1.36, price to cash per share ration is 7.55, price to free cash flow is 34.60.

Analysts mean target price for Ceragon Networks Ltd. (NASDAQ:CRNT) is $5.00 while analysts mean recommendation is 2.00. The current share price indicates that stock is -45.44% away from its one year high and is moving 3.00% ahead of its 52-week low. CRNT’s distance from 20 day simple moving average is -6.14% and distance from 50-Day simple moving average is -13.10%.



Leave a Reply