Ceragon Networks (CRNT) Worth a Look: Stock Moves Higher by 7.3% - Analyst Blog

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Ceragon Networks Ltd. ( CRNT ) was a big mover last session, as the company saw its shares rise by more than 7% on the day. The move came on solid volume, as far more shares changed hands than in a normal session. This continues the recent uptrend for the company, as the stock has surged by nearly 22% in the past one-month time frame.

The company has seen a solitary positive revision in the past few weeks and its earnings consensus has moved higher over the last month, suggesting that more solid trading could be ahead for CRNT. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

CRNT currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.


Some other wireless stocks worth considering include SK Telecom Co. Ltd. ( SKM ), Partner Communications Company Ltd. ( PTNR ) and FIH Mobile Limited ( FXCNY ). While SK Telecom holds a Zacks Rank #1 (Strong Buy), the other two stocks carry a Zacks Rank #2 (Buy).

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CERAGON NETWRKS (CRNT): Free Stock Analysis Report

FIH MOBILE LTD (FXCNY): Get Free Report

PARTNER COMM (PTNR): Free Stock Analysis Report

SK TELECOM CO (SKM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: CRNT , FXCNY , PTNR , SKM

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34,095,002
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25,282,306
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23,455,850
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18,560,681
  • $7.225 ▲ 1.62%
18,537,395
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17,767,924
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As of 12/22/2014, 12:03 PM


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