Ceragon Networks Ltd (NASDAQ:CRNT) shares, rose in value on Friday, June 20, with the stock price down by -1.75% to the previous day’s close as strong demand from buyers drove the stock to $2.25.
Actively observing the price movement in the last trading, the stock closed the session at $2.29, falling within a range of $2.23 and $2.3394. The value of beta (5-year monthly) was 1.052 whereas the PE ratio was 8.77 over 12-month period. Referring to stock’s 52-week performance, its high was $5.73, and the low was $1.95. On the whole, CRNT has fluctuated by -5.86% over the past month.
With the market capitalization of Ceragon Networks Ltd currently standing at about $199.89 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 398.52M, with a low estimate of 88.35M and a high estimate of 93.53M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 91.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CRNT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CRNT currently trading nearly -3.99% and -0.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.78, while the 7-day volatility ratio is showing 1.70% which for the 30-day chart, stands at 2.45%. Furthermore, Ceragon Networks Ltd (CRNT)’s beta value is 1.05, and its average true range (ATR) is 0.10.
A comparison of Ceragon Networks Ltd (CRNT) with its peers suggests the former has fared considerably weaker in the market. CRNT showed an intraday change of -1.75% in last session, and over the past year, it shrunk by -8.54%%.
Data on historical trading for Ceragon Networks Ltd (NASDAQ:CRNT) indicates that the trading volumes over the past 10 days have averaged 0.72 and over the past 3 months, they’ve averaged 846.11K. According to company’s latest data on outstanding shares, there are 88.39 million shares outstanding.
Nearly 6.99% of Ceragon Networks Ltd’s shares belong to company insiders and institutional investors own 18.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.7 million shares as on 2025-05-30, resulting in a short ratio of 0.92. According to the data, the short interest in Ceragon Networks Ltd (CRNT) stood at 89.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.32 million. The stock has fallen by -51.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CRNT stock heading into the next quarter.
