Watch List Stock News: Ceragon Networks Ltd. (NASDAQ:CRNT)

Ceragon Networks Ltd. (NASDAQ:CRNT)is now trading -57.34% off 52-week high price. On the other end, the stock has been noted 28.74% away from the low price over the last 52-weeks. The stock changed -2.71% to recent value of $2.15. The stock transacted 741554 shares during most recent day however it has an average volume of 868.34K shares. The company has 80.95M of outstanding shares and 59.02M shares were floated in the market.

On Jan. 13, 2020, Ceragon Networks Ltd. (NASDAQ:CRNT)  is providing details of the conference call for its fourth quarter and full year 2019 financial results. The Company will issue a press reported announcing its results during pre-market hours on Monday, February 10, 2020.

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ: CRNT) We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul solutions. Our customers include wireless service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 5G & 4G, mission-critical multimedia services and other applications at high reliability and speed.

Ceragon’s unique multicore technology and disaggregated approach to wireless backhaul provides highly reliable, fast to deploy, high-capacity wireless backhaul for 5G and 4G networks with minimal use of spectrum, power and other resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider for the 5G era. We deliver a range of professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 460 service providers, as well as hundreds of private network owners, in more than 130 countries.

Its earnings per share (EPS) expected to touch remained 46.10% for this year while earning per share for the next 5-years is expected to reach at 15.00%. CRNT has a gross margin of 34.60% and an operating margin of 5.30% while its profit margin remained 4.50% for the last 12 months.

According to the most recent quarter its current ratio was 2.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 3.97% from the mean of 20 days, 7.06% from mean of 50 days SMA and performed -20.45% from mean of 200 days price. Company’s performance for the week was -2.71%, 18.13% for month and YTD performance remained 2.38%.

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