The wheels have come off Ciena's (NYSE: CIEN) impressive run on the stock market in the past few months thanks to a series of below-par results and concerns about the strength of the market it operates in. In the week commencing 2nd November, Ciena's stock was valued at $39.15, but following the market rally after the US election, it returned to $42.87, and has … A stock price turnaround could be in the cards for this optical transport provider. This is substantially lower than S&P 500 companies’ average P/E ratio of 35.0 times. 5G Americas, the industry trade association and voice of 5G and LTE for the Americas, today announced the election of Ciena (NYSE: CIEN) to its Board of Governors. All rights reserved. Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users. Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. Disclaimer |
balance sheet and inputs from the stock market. The company was founded by Patrick H. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s
... Ciena Corporation has a price-to-earnings (P/E) ratio of 17.3 times. Cisco Systems ( CSCO ) has agreed to buy Acacia. To see all exchange delays and terms of use, please see disclaimer. Compare the latest price, visualised quantitative ratios, annual reports, historical dividends, pricing and company announcements to find … Following Ciena's share price tumble, its P/E is now hanging on to the median market P/E. Industry Rank, Ranked of 58 In the past five trading days, Lumen Technologies has been the best performer with its stock gaining 2.7%, while Motorola was the biggest decliner with its stock falling 1.4%. Ciena stock currently trades at a trailing price-to-earnings (P/E) ratio of just 18, much cheaper than where it was just a couple of months ago and … Ciena’s stock price has been increasing at an alarming rate recently, and there’s no reason to think this upward trend won’t continue thanks to the number of huge companies working with Ciena to get ready for 5G. Ciena had said at that time that it was witnessing "a meaningful slowdown in orders" in the wake of the novel coronavirus pandemic -- a trend that continued in the fiscal fourth quarter. The California-based company provides systems and devices for … CIEN has a market capitalization of $8,417,574,447 -- more than approximately 80.46% of US stocks. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready†networks. Ciena (CIEN) Up 14.8% Since Last Earnings Report: Can It Continue? See CLRO, FISV, PCOM, COUP, and MKSI. The company was founded in 1992 and is based in Hanover, Maryland. Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. The stock, which went public on Sept. 25, was now trading 2,159.7% above its $5.75 initial public offering price. ... these realities are reflected in a cyclical stock price that follows the ebbs and flows of the economy. Peer Grade Stock quotes by finanzen.net. The sale was disclosed in a legal filing with the SEC, which can be accessed through […]. Revenues of US$3.5b were in... Ciena Corp (CIEN) Stock Price | NasdaqCiena Corp (CIEN) Stock Quote, History and News - Yahoo FinanceCiena Corp (CIEN) Stock Price and Basic Information | MarketWatch. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. CIEN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.56% of tickers in our DCF set. CIEN stock quote, chart and news. Commerce Policy |
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