The stock of Ceragon Networks Ltd. (NASDAQ:CRNT) is a huge mover today! The stock increased 5.82% or $0.22 during the last trading session, reaching $4. About 467,025 shares traded. Ceragon Networks Ltd. (NASDAQ:CRNT) has risen 8.59% since June 14, 2017 and is uptrending. It has underperformed by 3.98% the S&P500. Some Historical CRNT News: ; 30/04/2018 – Harel Insurance Invest & Financial Services Buys Into Ceragon; 25/04/2018 – Airband Deploys Ceragon’s FibeAir IP-20 Platform to Deliver High Capacity, Scalable Wireless Backhaul Networks to Rural Areas i; 09/04/2018 Ceragon Networks® First Quarter 2018 Financial Results Scheduled for Release On May 7, 2018; 07/05/2018 – Ceragon Networks 1Q EPS 3c; 07/05/2018 – Ceragon Networks 1Q Rev $83.3M; 07/05/2018 – Correction to Ceragon Networks Earnings Headlines; 25/04/2018 – CERAGON: AIRBAND DEPLOYS FIBEAIR PLATFORM FOR LARGE PROJECT; 07/05/2018 – CERAGON NETWORKS LTD – QTRLY SHR $0.03; 25/04/2018 – Airband Deploys Ceragon’s FibeAir IP-20 Platform to Deliver High Capacity, Scalable Wireless Backhaul Networks to Rural Areas in the United KingdomThe move comes after 9 months positive chart setup for the $312.56M company. It was reported on Jun, 14 by Barchart.com. We have $4.28 PT which if reached, will make NASDAQ:CRNT worth $21.88M more.
Diamondback Energy Inc – Commmon Stock (NASDAQ:FANG) had an increase of 30.57% in short interest. FANG’s SI was 4.88 million shares in June as released by FINRA. Its up 30.57% from 3.74M shares previously. With 1.68M avg volume, 3 days are for Diamondback Energy Inc – Commmon Stock (NASDAQ:FANG)’s short sellers to cover FANG’s short positions. The SI to Diamondback Energy Inc – Commmon Stock’s float is 5.76%. The stock decreased 0.34% or $0.4 during the last trading session, reaching $117.95. About 278,166 shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 20.80% since June 14, 2017 and is uptrending. It has outperformed by 8.23% the S&P500. Some Historical FANG News: ; 09/03/2018 – Diamondback Energy seeks investors to develop Permian acreage; 09/05/2018 – DIAMONDBACK EXPECTS MOST PRODUCTION TO GET INTERNATIONAL PRICES; 29/03/2018 – Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Proposed Election to Change Tax Status From Pass-Through Partnership to a Taxable Entity; 10/04/2018 – Diamondback Energy, Inc. Provides First Quarter 2018 Production Update; 10/04/2018 – Diamondback Energy 1Q Production Up More Than 10% From 4Q; 24/04/2018 – DIAMONDBACK ENERGY NAMES MELANIE TRENT, MICHAEL HOLLIS TO BOARD; 09/05/2018 – DIAMONDBACK CEO TRAVIS STICE COMMENTS ON 1Q CONFERENCE CALL; 08/05/2018 – DIAMONDBACK ENERGY INC QTRLY TOTAL REVENUES $480.2 MLN VS $235.2 MLN; 10/04/2018 – Diamondback Energy Currently Running 11 Drillings Rigs and Five Dedicated Completion Crews; 20/03/2018 – Diamondback Closes Above 50-Day Moving Average: Technicals
Another recent and important Diamondback Energy, Inc. (NASDAQ:FANG) news was published by Seekingalpha.com which published an article titled: “Diamondback Energy: Production Growth To Drive Stock” on June 04, 2018.
Investors sentiment decreased to 1.07 in Q1 2018. Its down 0.10, from 1.17 in 2017Q4. It fall, as 31 investors sold Diamondback Energy, Inc. shares while 141 reduced holdings. 68 funds opened positions while 116 raised stakes. 98.84 million shares or 0.24% less from 99.08 million shares in 2017Q4 were reported. Sumitomo Mitsui Tru Holdings stated it has 0.04% in Diamondback Energy, Inc. (NASDAQ:FANG). 6,201 are held by Cibc Asset Mngmt. Bokf Na invested in 1,236 shares or 0% of the stock. Barclays Public Ltd has invested 0% in Diamondback Energy, Inc. (NASDAQ:FANG). 28,801 are owned by Aqr Capital Management Ltd Llc. Moreover, Morgan Stanley has 0.01% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Advisors Asset Inc holds 53,724 shares or 0.11% of its portfolio. Royal Commercial Bank Of Canada has 0.02% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 293,793 shares. Wellington Mgmt Grp Ltd Liability Partnership has invested 0.24% in Diamondback Energy, Inc. (NASDAQ:FANG). Gideon Cap Advsr holds 0.3% or 3,782 shares. Nicholas Inv Prtnrs Ltd Partnership owns 32,121 shares. Plante Moran Advsrs invested in 4 shares. Group One Trading Limited Partnership accumulated 0% or 3,696 shares. Northwestern Mutual Wealth Management stated it has 0% in Diamondback Energy, Inc. (NASDAQ:FANG). Cadence Capital Management Lc stated it has 3,338 shares.
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. The company has market cap of $11.63 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 22.94 P/E ratio. As of December 31, 2016, the companyÂ’s net acreage position is approximately 105,894 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 205,457 thousand barrels of crude oil equivalent.
Since January 16, 2018, it had 0 buys, and 15 sales for $24.06 million activity. Soliman Jennifer sold $23,128 worth of stock. $274,003 worth of Diamondback Energy, Inc. (NASDAQ:FANG) was sold by Pantermuehl Russell. Molnar Paul had sold 10,000 shares worth $1.30 million on Monday, March 5. Another trade for 2,500 shares valued at $342,450 was sold by Dick Teresa L.. Hawkins Thomas F. sold $82,678 worth of stock. $10.91 million worth of Diamondback Energy, Inc. (NASDAQ:FANG) was sold by Stice Travis D. on Friday, February 16. Shares for $843,796 were sold by HOLDER RANDALL J.
Among 41 analysts covering Diamondback Energy (NASDAQ:FANG), 36 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Diamondback Energy had 135 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank initiated the shares of FANG in report on Wednesday, December 2 with “Buy” rating. Howard Weil maintained the shares of FANG in report on Wednesday, January 13 with “Sector Outperform” rating. Canaccord Genuity upgraded the stock to “Buy” rating in Wednesday, July 20 report. Northland Capital maintained Diamondback Energy, Inc. (NASDAQ:FANG) on Thursday, November 5 with “Outperform” rating. As per Tuesday, October 10, the company rating was maintained by BMO Capital Markets. As per Monday, October 16, the company rating was maintained by SunTrust. Northland Capital maintained Diamondback Energy, Inc. (NASDAQ:FANG) on Monday, July 17 with “Buy” rating. As per Tuesday, October 3, the company rating was maintained by SunTrust. The stock has “Buy” rating by Deutsche Bank on Tuesday, June 14. The rating was maintained by Topeka Capital Markets with “Buy” on Wednesday, November 4.
Among 3 analysts covering Ceragon (NASDAQ:CRNT), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Ceragon has $3.6000 highest and $1.50 lowest target. $3.05’s average target is -23.75% below currents $4 stock price. Ceragon had 8 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Hold” rating by Needham on Tuesday, January 17. Jefferies maintained it with “Hold” rating and $1.50 target in Friday, August 14 report. Jefferies maintained Ceragon Networks Ltd. (NASDAQ:CRNT) rating on Tuesday, August 9. Jefferies has “Hold” rating and $2 target. As per Tuesday, May 8, the company rating was upgraded by Needham. The stock has “Buy” rating by Needham on Friday, August 14. The company was maintained on Friday, October 6 by Jefferies.
Analysts await Ceragon Networks Ltd. (NASDAQ:CRNT) to report earnings on August, 6. They expect $0.02 earnings per share, down 71.43% or $0.05 from last year’s $0.07 per share. CRNT’s profit will be $1.56 million for 50.00 P/E if the $0.02 EPS becomes a reality. After $0.04 actual earnings per share reported by Ceragon Networks Ltd. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.