|Bid||1.9045 x 150000|
|Ask||2.0200 x 150000|
|Day's range||1.8980 - 1.9015|
|52-week range||1.4265 - 3.0000|
|Beta (5Y monthly)||1.31|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Ceragon (CRNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
KT, PLDT and Ceragon Networks have been highlighted in this Industry Outlook article.
The accelerated pace of 5G deployment should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. KT, PHI and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.