In the last trading session, 8.5 million shares of the Ceragon Networks Ltd (NASDAQ:CRNT) were traded, and its beta was 1.56. Most recently the company’s share price was $3.77, and it changed around -$1.03 or -21.46% from the last close, which brings the market valuation of the company to $323.73M. CRNT currently trades at a discount to its 52-week high of $5.73, offering almost -51.99% off that amount. The share price’s 52-week low was $2.33, which indicates that the current value has risen by an impressive 38.2% since then. We note from Ceragon Networks Ltd’s average daily trading volume that its 10-day average is 2.18 million shares, with the 3-month average coming to 2.16 million.

Ceragon Networks Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended CRNT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Ceragon Networks Ltd (NASDAQ:CRNT) trade information

Instantly CRNT has showed a red trend with a performance of -21.46% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.52 on recent trading dayincreased the stock’s daily price by 31.7%. The company’s shares are currently down -19.27% year-to-date, but still down -21.78% over the last five days. On the other hand, Ceragon Networks Ltd (NASDAQ:CRNT) is -21.62% down in the 30-day period. We can see from the shorts that 85925.0 shares have been sold at a short interest cover period of 0.29 day(s).

Ceragon Networks Ltd (NASDAQ:CRNT)’s Major holders

ACADIAN ASSET MANAGEMENT LLC, with 2.2862% or 1.96 million shares worth $4.88 million as of 2024-06-30, holds the second largest percentage of outstanding shares.