In last trading session, Ceragon Networks Ltd (NASDAQ:CRNT) saw 1.09 million shares changing hands with its beta currently measuring 1.59. Company’s recent per share price level of $4.46 trading at -$0.07 or -1.55% at ring of the bell on the day assigns it a market valuation of $382.98M. That closing price of CRNT’s stock is at a discount of -28.48% from its 52-week high price of $5.73 and is indicating a premium of 47.76% from its 52-week low price of $2.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.54 million shares which gives us an average trading volume of 1.89 million if we extend that period to 3-months.
For Ceragon Networks Ltd (CRNT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Ceragon Networks Ltd (NASDAQ:CRNT) trade information
Upright in the red during last session for losing -1.55%, in the last five days CRNT remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $4.46 price level, adding 13.4% to its value on the day. Ceragon Networks Ltd’s shares saw a change of -4.50% in year-to-date performance and have moved -9.35% in past 5-day. Ceragon Networks Ltd (NASDAQ:CRNT) showed a performance of -9.90% in past 30-days. Number of shares sold short was 85925.0 shares which calculate 0.29 days to cover the short interests.
Ceragon Networks Ltd (CRNT) estimates and forecasts
Statistics highlight that Ceragon Networks Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company added 64.58% of value to its shares in past 6 months, showing an annual growth rate of 75.00% while that of industry is -11.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -24.32% during past 5 years.
Ceragon Networks Ltd (NASDAQ:CRNT)’s Major holders
FIRST WILSHIRE SECURITIES MANAGEMENT INC is the top institutional holder at CRNT for having 2.99 million shares of worth $7.48 million. And as of 2024-06-30, it was holding 3.5 of the company’s outstanding shares.
The second largest institutional holder is ACADIAN ASSET MANAGEMENT LLC, which was holding about 1.96 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.2862 of outstanding shares, having a total worth of $4.88 million.
On the other hand, First Eagle Small Opportunity Fund and DFA Continental Small Company Series are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 428.92 shares of worth $1.91 million or 0.50% of the total outstanding shares. The later fund manager was in possession of 266.24 shares on Oct 31, 2024 , making its stake of worth around $1.19 million in the company or a holder of 0.31% of company’s stock.
