Ceragon Networks Ltd (NASDAQ: CRNT) stock closed at $5.48 on 1/6/25 after a major increase of 15.9%. Moreover, trading volume in this advance was exceptionally high at 431% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 10.7% during the last week.
Current PriceTarget Research Rating
Ceragon Networks has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ceragon Networks has a neutral Appreciation Score of 56 but a very high Power Rating of 91, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment