Related posts
Markets extend selling, but tech recoversThis summary was created by AI, based on 1 opinions in the last 12 months.
The experts have a mixed view on the stock of Ciena (CIEN-N). One expert recommended it as a top pick, but despite that, it triggered its stop at $42 resulting in a net investment loss of 13%. Overall, there seems to be some caution and disappointment surrounding this stock.
At the present time, this is trading up at quite an astonishing price to book level. In his FMV view, it is about 25% overvalued. There hasn’t been a lot of growth in the BV for some period of time. However, earnings have been notching up nicely. This is what he would call speculatively priced.
Ciena is a American stock, trading under the symbol CIEN-N on the New York Stock Exchange (CIEN). It is usually referred to as NYSE:CIEN or CIEN-N
In the last year, 1 stock analyst published opinions about CIEN-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ciena.
Ciena was recommended as a Top Pick by on . Read the latest stock experts ratings for Ciena.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Ciena In the last year. It is a trending stock that is worth watching.
On 2024-04-25, Ciena (CIEN-N) stock closed at a price of $45.68.
Our PAST TOP PICK with CIEN has triggered its stop at $42. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 13%, when combined with our previous entry recommendation.