The 56 rating InvestorsObserver gives to Ciena Corporation (CIEN) stock puts it near the top of the Communication Equipment industry. In addition to scoring higher than 78 percent of stocks in the Communication Equipment industry, CIEN’s 56 overall rating means the stock scores better than 56 percent of all stocks.
What do These Ratings Mean?
Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 56 means the stock is more attractive than 56 percent of stocks.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.
What's Happening With Ciena Corporation Stock Today?
Ciena Corporation (CIEN) stock is trading at $34.71 as of 1:14 PM on Tuesday, Dec 10, an increase of $0.09, or 0.26% from the previous closing price of $34.62. Volume today is below average. So far 1,684,617 shares have traded compared to average volume of 2,385,402 shares. The stock has traded between $34.42 and $34.85 so far today.