On 11/29/24, Ceragon Networks Ltd (NASDAQ: CRNT) stock enjoyed a major increase of 11.5%, closing at $4.54. Moreover, trading volume in this advance was exceptionally high at 329% of normal. The stock has performed in line with the market over the last nine months and has risen 42.3% during the last week.
Current PriceTarget Research Rating
Ceragon Networks has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ceragon Networks has a poor Appreciation Score of 28 but a neutral Power Rating of 51, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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