Stocks of Ceragon Networks Ltd (NASDAQ:CRNT) traded higher last session on Wall Street, down -2.58% to $2.27.
CRNT stock price is now -1.30% away from the 50-day moving average and -27.62% away from the 200-day moving average. The market capitalization of the company currently stands at $201.66M.
With the price target of $5, Craig Hallum recently initiated with Buy rating for Ceragon Networks Ltd (NASDAQ: CRNT). On October 28, 2024, ROTH MKM recently initiated its ‘Buy’ rating on the stock quoting a target price of $4.50, while ‘Aegis Capital’ rates the stock as ‘Buy’
In other news, Vismunski – Weinberg Hadar, Officer bought 41,550 shares of the company’s stock on May 12 ’25. The stock was bought for $90,164 at an average price of $2.17. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 24 ’25, Officer Klomek Alon bought 10,000 shares of the business’s stock. A total of $20,700 was incurred on buying the stock at an average price of $2.07. A total of 26.03% of the company’s stock is owned by insiders.
During the past 12 months, Ceragon Networks Ltd has had a low of $1.95 and a high of $5.73. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.69, and a quick ratio of 1.27. The fifty day moving average price for CRNT is $2.2998 and a two-hundred day moving average price translates $3.1362 for the stock.
The latest earnings results from Ceragon Networks Ltd (NASDAQ: CRNT) was released for 2025-03-31. The net profit margin was 5.75% and return on equity was 15.02% for CRNT. The company reported revenue of $88.65 million for the quarter, compared to $88.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.17 percent.
