How to Buy Ceragon Networks Stock
Ceragon Networks Ltd
Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable cellular operators and other wireless service providers.
Ceragon Networks stock last closed at $2.07, up 2.99% from the previous day, and has decreased 25% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.14 percentage points. Ceragon Networks stock is currently +6.15% from its 52-week low of $1.95, and -63.87% from its 52-week high of $5.73.
There are currently 88.39M CRNT shares outstanding. The market value of CRNT is $182.97M. In the last 24 hours, 433,176 CRNT shares were traded.
How to Buy Ceragon Networks Stock
Not sure how to invest in Ceragon Networks stock? Here's how.
- Choose where to buy Ceragon Networks stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Ceragon Networks stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your details.
- Analyze Ceragon Networks stock: The Ceragon Networks ticker symbol is CRNT. Is Ceragon Networks stock a good investment? Should you buy shares of CRNT? How do CRNT's underlying business fundamentals look? Do top analysts think Ceragon Networks is a good buy? Why has CRNT's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CRNT is a good stock to buy).
- Make your CRNT purchase: Decide if you will purchase CRNT shares at the current market price or use a limit order to purchase CRNT stock at a given price.
- Get key alerts regarding your investment in CRNT: Create a watchlist to track your new investment in Ceragon Networks stock.
Step 1: Choose where to buy Ceragon Networks stock
You will need an online brokerage account in order to access the NASDAQ market and buy CRNT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can buy CRNT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you have opened your account on our top ranked stock app, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Ceragon Networks stock
Once you have selected the best place to buy Ceragon Networks stock, it's very important to analyze their stock before you buy, so you can comprehend the risk as well as the opportunity.
Ceragon Networks quick stats
Fundamentals of CRNT
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CRNT's stock page.
Is CRNT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CRNT's fair value.
Using relative valuations measures:
- CRNT may be undervalued based on its P/E ratio of 7.39x, relative to Communication Equipment industry P/E ratio of 566.94x
- CRNT may be undervalued based on its P/B ratio of 1.1x, relative to Communication Equipment industry P/B ratio of 3.12x
You can do additional valuation research on CRNT's stock here.
How do CRNT Financials look?
Passed Financial Due Diligence Checks:
- CRNT's operating cash flow of $26.20M allows it to safely service it's debt of $41.11M.
- CRNT profit margin has gone up from 1.8% to 6.1% in the past year.
- There are more short-term assets than short-term liabilities on the CRNT balance sheet.
- There are more short-term assets than long-term liabilities on the CRNT balance sheet.
Failed Financial Due Diligence Checks:
- CRNT has a relatively high debt to equity ratio of 1.07.
- CRNT earnings of $38.73M is not sufficient to cover its interest payments.
- Total CRNT debt is higher than 5 years ago, relative to shareholder equity.
Is CRNT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 sell side analysts who give forecasts on CRNT, the consensus analyst rating on Ceragon Networks is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Ceragon Networks stock forecast page.
Metrics for Advanced CRNT Traders
CRNT Earnings
Last year, CRNT earnings were $24.06M. During the last 1 years, CRNT's earnings have increased by 300% per year. This was faster than the Communication Equipment industry average of -1.94%.
Last year, CRNT revenue was $394.19M. During the last five year, CRNT's revenue has increased by 6.66% per year. This was faster than the Communication Equipment industry average of 4.46%.
Find out more about CRNT's earnings and revenue performance here.
Latest Insiders Trades at CRNT
Over the last 12 months, executives and large shareholders at CRNT have not bought or sold any shares.
Get more info about who owns CRNT shares here.
Does CRNT provide a stable income stream?
No, Ceragon Networks doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Make your CRNT purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
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Step 6: Get key alerts regarding your investment in CRNT
Now that you own some CRNT stock, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your CRNT stock.
CRNT Feed
How to Buy Stock in Ceragon Networks
To reiterate, here are the 6 steps to buy Ceragon Networks stock:
- Choose where to buy Ceragon Networks stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Ceragon Networks stock
- Make your CRNT purchase
- Get key alerts regarding your investment in CRNT
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Ceragon Networks, create a watchlist today.
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