Alert: Major Price Advance (2/5/25)-Ceragon Networks Ltd (NASDAQ: CRNT).

out_logo_500#32044.jpg

Ceragon Networks Ltd (NASDAQ: CRNT) stock enjoyed a major increase of 11.4% on 2/5/25. The shares closed at $5.37. Moreover, this advance was accompanied by exceptionally high trading volume at 275% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.5% during the last week.

out_mm#32044.jpg

Current PriceTarget Research Rating

Ceragon Networks has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ceragon Networks has a slightly negative Appreciation Score of 37 but a very high Power Rating of 98, triggering 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

Leave a Reply

Your email address will not be published.


*