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CRNT Stock Update: Ceragon Networks Ltd’s Banking’s Market Struggles and Potential Opportunities

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Ceragon Networks Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $5.00 on 12/09/24, while the lowest value for the same period was recorded at $1.83 on 12/13/23.

52-week price history of CRNT Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Ceragon Networks Ltd’s current trading price is -3.40% away from its 52-week high, while its distance from the 52-week low is 163.93%. The stock’s price range during this period has spanned from $1.83 to $5.00. In the Technology sector, the Ceragon Networks Ltd’s shares surpassed a trading volume of approximately 1.45 million for the day, which was noticeably higher compared to the average daily volume of 9.0.92 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Ceragon Networks Ltd (CRNT) has experienced a quarterly rise of 75.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 414.76M and boasts a workforce of 1407 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.92, with a change in price of +2.04. Similarly, Ceragon Networks Ltd recorded 735,873 in trading volume during the last 100 days, posting a change of +76.12%.

Examining CRNT’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CRNT stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.08.

CRNT Stock Stochastic Average

Today’s raw stochastic average for Ceragon Networks Ltd over the last 50 days is 89.53%.This indicates a increase from the raw stochastic average of the past 20 days, which was 88.09%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.80% and 84.51%, respectively.

CRNT Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 123.61%.However, over the last six months, we can see a weaker performance of 90.91%. Over the last 30 days, the price of CRNT has fallen by 90.91%. And in the last five days, it has surged by 10.53%.

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