Reason’s why Ceragon Networks Ltd. (CRNT) is an asset to your trade with current Target Price of $5.50 – Invest Chronicle

Reason’s why Ceragon Networks Ltd. (CRNT) is an asset to your trade with current Target Price of $5.50

At the end of the latest market close, Ceragon Networks Ltd. (CRNT) was valued at $3.71. In that particular session, Stock kicked-off at the price of $3.72 while reaching the peak value of $4.00 and lowest value recorded on the day was $3.71. The stock current value is $3.95.

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Recently in News on May 3, 2021, Ceragon Networks Reports 2021 First Quarter Financial Results. Q1 2021 Financial Highlights:. You can read further details here


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Ceragon Networks Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.90 on 01/19/21, with the lowest value was $2.75 for the same time period, recorded on 01/04/21.

Ceragon Networks Ltd. (CRNT) full year performance was 94.58%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ceragon Networks Ltd. shares are logging -42.75% during the 52-week period from high price, and 102.56% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.95 and $6.90.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1163486 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Ceragon Networks Ltd. (CRNT) recorded performance in the market was 42.09%, having the revenues showcasing -10.43% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 326.74M, as it employees total of 1019 workers.

Ceragon Networks Ltd. (CRNT) in the eye of market guru’s

During the last month, 0 analysts gave the Ceragon Networks Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.02, with a change in the price was noted -1.50. In a similar fashion, Ceragon Networks Ltd. posted a movement of -27.52% for the period of last 100 days, recording 2,410,568 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CRNT is recording 0.08 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Ceragon Networks Ltd. (CRNT): Stocks Technical analysis and Trends

Raw Stochastic average of Ceragon Networks Ltd. in the period of last 50 days is set at 93.46%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.44%. In the last 20 days, the company’s Stochastic %K was 85.64% and its Stochastic %D was recorded 84.43%.

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If we look into the earlier routines of Ceragon Networks Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 42.09%. Additionally, trading for the stock in the period of the last six months notably improved by 36.21%, alongside a boost of 94.58% for the period of the last 12 months. The shares increased approximately by 5.61% in the 7-day charts and went down by 28.25% in the period of the last 30 days. Common stock shares were lifted by -10.43% during last recorded quarter.

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