The 71 rating InvestorsObserver gives to Ceragon Networks Ltd (CRNT) stock puts it near the top of the Communication Equipment industry. In addition to scoring higher than 95 percent of stocks in the Communication Equipment industry, CRNT’s 71 overall rating means the stock scores better than 71 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Ceragon Networks Ltd Stock Today?
Ceragon Networks Ltd (CRNT) stock is lower by -4.47% while the S&P 500 has gained 0.23% as of 11:45 AM on Wednesday, Jan 13. CRNT is down -$0.14 from the previous closing price of $3.13 on volume of 429,090 shares. Over the past year the S&P 500 is up 16.04% while CRNT has gained 41.71%. CRNT lost -$0.18 per share the over the last 12 months.
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