Price Target Overview of Ciena Corporation (NYSE:CIEN)

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Ciena Corporation (NYSE:CIEN) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Ciena Corporation (NYSE:CIEN) gained 1.33 Percent and closed its previous trading session at $27.49. The stock traded with the average Volume of 3.29 Million at the end of last session.

Ciena Corporation (NYSE:CIEN) has the Market Capitalization of 3.96 Billion. The Stock has its 52-week High of $27.98 and 52-Week Low of $19.40 and it touched its 52-week high on 06/01/17 and 52-Week Low on 11/15/17.

The company reported its last earnings Actual EPS of $0.15/share. While, the analyst predicted that the company could provide an EPS of $0.13/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.02/share which shows an Earnings Surprise of 15.4 Percent.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Ciena Corporation (NYSE:CIEN) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 14.36% where SMA50 and SMA200 are 21.12% and 19.48% respectively.

The company shows its Return on Assets (ROA) value of 24.3%. The Return on Equity (ROE) value stands at 55.2%. While it’s Return on Investment (ROI) value is 41.8%.

Ciena Corporation (NYSE:CIEN) currently has a Weekly Volatility of 2.71% percent while its Monthly Volatility is at 2.71% percent. While talking about Performance of the Stock, Ciena Corporation currently has a Weekly performance of 6.92%, monthly performance percentage is 23.55 percent, Quarterly performance is 31.34 percent, 6 months performance shows a percent value of 27.03% and Yearly Performance is 18.13 percent.

Company Profile:

Ciena Corporation is the network specialist, focused on expanding the possibilities for its customers’ networks while reducing their cost of ownership. The Company’s systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward.

 

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