Ceragon Networks Ltd.CRNT was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.39 to $3.47 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ceragon Networks currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Another favorably placed Wireless Non-US stock is América Móvil, S.A.B. de C.V. AMX, carrying a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
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