Ceragon Networks Ltd. (NASDAQ:CRNT) recent drop took place on significantly more volume which surged nearly 370459 contracts on 11-Jun-19 versus its daily average of 363960. The first sale was made at $2.96 but later the stock became weaker, and closed with a fall of -2.73%. It was last traded at $2.85 apiece.Ceragon Networks Ltd. (CRNT): Outperform Candidate With 75.44% Upside Potential
Ceragon Networks Ltd. is maintained at an average outperform rating by 2 stock analysts, and there are at least 3.55% of shares outstanding that are currently legally short sold. The shares went down by -9.81% in value last month. Year-to-date it plunged -24.6%. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover Ceragon Networks Ltd. (NASDAQ:CRNT) advice adding it to buy candidate list. Wall Street experts also assign a $5 price target on Ceragon Networks Ltd., pointing towards a 75.44% rally from current levels. The stock is trading for about -43.45% less than its 52-week high.
Ceragon Networks Ltd. (CRNT) remained unsuccessful in beating the consensus-estimated $0.04 as it actually earned $0.03 per share in its last reported financial results. Revenue, on the other hand, scored -10.14% growth from the previous quarter, coming up with $77.05 million.CRNT Retreats -4.36% In A Week
This company shares (CRNT) so far managed to recover 6.74% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 4.98% while widening the period to a month, volatility was 4.84%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.84% and sits -15.57% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -4.36% losses and is down by -21.84% compared with its 200-day moving average of $3.7536. Also, Ceragon Networks Ltd. (CRNT) needs to overturn a -18.34% decrease it experienced over the past twelve months.
As regular trading ended, SandRidge Mississippian Trust I (SDT) stock brought in a -$0.02 drop to $0.47. The day started at a price of $0.475 but then traded as high as $0.5 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 0. SandRidge Mississippian Trust I sank -79.56% from their peak of $2.3 and now has a $13.89 million market value of equity.SandRidge Mississippian Trust I (SDT) Returns -41.25% This Year
The company had seen its current volume reaching at 357659 shares in the last trade. That compares with the recent volume average of 641380. At the close of regular trading, its last week’s stock price volatility was 8.42% which for the month reaches 22.18%. SandRidge Mississippian Trust I dipped to as low as $0.47 throughout the day and has returned -41.25% in this year. At one point in the past year, the shares traded as low as $0.45 but has recovered 4.21% since then. [T4]