Oppenheimer Keeps a Hold Rating on Ceragon Networks (CRNT)

Oppenheimer analyst George Iwanyc reiterated a Hold rating on Ceragon Networks (CRNT) today. The company’s shares closed last Monday at $5.05.

According to TipRanks.com, Iwanyc is a 5-star analyst with an average return of 37.2% and a 58.6% success rate. Iwanyc covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Juniper Networks, and Pure Storage.

Ceragon Networks has an analyst consensus of Moderate Sell.

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The company has a one-year high of $6.90 and a one-year low of $0.99. Currently, Ceragon Networks has an average volume of 3.28M.

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Ceragon Networks Ltd. engages in the provision of wireless backhaul solutions. Its products include radio units, management systems, small cell hauling, packet and hybrid microwave, and long haul solutions. The company renders transmission capacity to mobile and fixed-line carriers, and private network operators. Ceragon Networks was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

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