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Ceragon Networks (CRNT) Catches Eye: Stock Jumps 10.9%
Ceragon Networks, Ltd. (CRNT - Free Report) was a big mover last session, as the company saw its shares rise almost 11% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 39.2% since 28 Jun.
None of the estimates for this stock were revised over the past 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ceragon Networks has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another better-ranked stock in the Wireless industry is NTT DOCOMO, Inc. sporting a Zacks Rank #1 (Strong Buy).
Is CRNT going up? Or down? Predict to see what others think: Up or Down
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