CIENA Corp (NYSE:CIEN) currently has a daily average trading volume of 2.20M but it saw 1296428 shares traded in last market. With a market cap of 11.76B USD, the company’s current market price of $82.70 came rising about 0.43 while comparing to the previous closing price of $82.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $101.44 and as low as $44.69. In the recent trading on the day, stock has struck highest price mark of $81.86 while lowest mark touched by it was $83.05.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Northland Capital which upgraded the stock as “Outperform” in its note to investors issued on March 12, 2025, recommending a price target of $75 for it. JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on January 28, 2025 while assigning a price target range of $84-$88. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $70 and $95.
Over the week, CIEN’s stock price is moving 2.04% up while it is 24.40% when we observe its performance for the past one month. Year-to-date it is -2.49% down and over the past year, the stock is showing an upside performance of 69.19%.
Currently, CIENA Corp’s total number of outstanding shares is 142.53M with 0.97% of that held by the insiders while 100.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.82% and return on equity (ROE) at 2.76%. It has a price to earnings ratio (P/E ratio) of 153.20 while having a 24.36 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 4.22 while price to sale or P/S ratio amounts to 2.90. Its return on asset (ROA) is 1.41% on average.
