Analyst Views On Top Movers In Recent Trade: Sirius XM Holdings Inc. (SIRI), Ceragon Networks Ltd. (CRNT)

Sirius XM Holdings Inc. (NASDAQ:SIRI) notched a 0.92% intraday gain moving at $6.6. When the opening bell rang, the price was $6.54. The number of shares that were traded during the day was 13 million, which corresponds to its 3-month volume average of 22.68 million shares a day.

Sirius XM Holdings Inc. (SIRI) Analyst Opinion

Sirius XM Holdings Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares currently sold short amount to at least 16.92% of shares outstanding. The stock spiked 12.82% last month and is up 23.13 this year. Wall Street is only getting more bullish on the stock, with 9 of analysts who cover SIRI having a buy-equivalent rating. Analysts have placed a $6.23 price target on Sirius XM Holdings Inc., suggesting a -5.61% decline from recent close. It’s currently trading about 0.76% above its 52-week high.

Sirius XM Holdings Inc. Earnings Surprise

Sirius XM Holdings Inc. (SIRI) failed to surprise the stock market in its last reported earnings when it earned $0.03 a piece versus the consensus-estimated $0.05. Its revenue totaled $1.4 billion up 1.22% from the previous quarter.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Intraday View

This stock (SIRI) is ahead of its 52-week low with 39.53%. Its last month’s stock price volatility remained 1.83% which for the week stands at 2.21%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.19% and stays 12.43% away from its 50 days moving average. Over the last five days, shares have managed 4.43% gains and now is up 18.22% since hitting its 200-day moving average of $5.66. Sirius XM Holdings Inc. (SIRI) has made its way to a 12-month gain of 27.17%.

Turning to Ceragon Networks Ltd. (NASDAQ:CRNT), its shares were trading at $2.65 a retreat of $0, on the trading floor. The stock, after opening at $2.67, touched a high of $2.769 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Ceragon Networks Ltd. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -27.99% from its high of $3.68 to a $212 million market value through last close.

Ceragon Networks Ltd. (NASDAQ:CRNT) Intraday Trading

The counter witnessed a trading volume of 1.12 million shares versus an average volume of 0.64 million shares during last trading session. Its last month’s stock price volatility remained 4.64% which for the week approaches 7.55%. The lowest price the stock reached in the last trading day was $2.64 and compares with the $1.64 52-week low. The stock recovered 61.59% since its low point and has performed 33.84% year-to-date.

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