Ceragon Networks (CRNT) Getting Positive News Coverage, Report Finds
Press coverage about Ceragon Networks (NASDAQ:CRNT) has trended positive on Sunday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ceragon Networks earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave news articles about the communications equipment provider an impact score of 48.3405327903894 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Focusing The Lens on Shares Ceragon Networks Ltd (CRNT) – Stanley Business News (stanleybusinessdaily.com)
- Ceragon Networks Ltd. (CRNT) year to date performance remained at 48.48% – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Ceragon Networks Ltd. (CRNT) stock is 22.96% up to 200-SMA – The Stocks News (press release) (thestocksnews.com)
- Analysts’ Review: Tetra Technologies (TTI) and Ceragon Networks Ltd (CRNT) – Post Registrar (postregistrar.com)
- Volatile Stock Characteristics – Ceragon Networks Ltd (NASDAQ: CRNT) – Stocks Pen (stockspen.com)
Ceragon Networks (NASDAQ CRNT) traded up $0.14 on Friday, hitting $2.95. The stock had a trading volume of 555,629 shares, compared to its average volume of 1,017,072. The firm has a market capitalization of $229.62, a PE ratio of 15.53 and a beta of 0.56. Ceragon Networks has a 52 week low of $1.64 and a 52 week high of $3.70.
CRNT has been the subject of a number of recent analyst reports. Zacks Investment Research cut Ceragon Networks from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. ValuEngine raised Ceragon Networks from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Ceragon Networks in a research report on Monday, February 12th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $2.50.
COPYRIGHT VIOLATION WARNING: This article was first posted by Daily Political and is owned by of Daily Political. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.dailypolitical.com/2018/03/04/ceragon-networks-crnt-getting-positive-news-coverage-report-finds.html.
Ceragon Networks Company Profile
Ceragon Networks Ltd. offers wireless backhaul solutions. The Company’s products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The Company provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others.
Receive News & Ratings for Ceragon Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceragon Networks and related companies with MarketBeat.com's FREE daily email newsletter.