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Should Communication Equipment Stock Ceragon Networks Ltd (CRNT) Be in Your Portfolio Monday?

Monday, February 26, 2024 01:47 PM | InvestorsObserver Analysts

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Should Communication Equipment Stock Ceragon Networks Ltd (CRNT) Be in Your Portfolio Monday?

Ceragon Networks Ltd (CRNT) is around the top of the Communication Equipment industry according to InvestorsObserver. CRNT received an overall rating of 88, which means that it scores higher than 88 percent of all stocks. Ceragon Networks Ltd also achieved a score of 100 in the Communication Equipment industry, putting it above 100 percent of Communication Equipment stocks. Communication Equipment is ranked 80 out of the 148 industries.

Overall Score - 88
CRNT has an Overall Score of 88. Find out what this means to you and get the rest of the rankings on CRNT!

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.
This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Ceragon Networks Ltd Stock Today?

Ceragon Networks Ltd (CRNT) stock is up 7.02% while the S&P 500 is down -0.24% as of 1:44 PM on Monday, Feb 26. CRNT has risen $0.20 from the previous closing price of $2.85 on volume of 1,075,615 shares. Over the past year the S&P 500 is higher by 27.48% while CRNT has risen 67.58%. CRNT earned $0.07 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 41.92. Click Here to get the full Stock Report for Ceragon Networks Ltd stock.

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