After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.
Stocks Info
As a NYSE listed company, CIEN falls under the Technology sector while operating within the Communication Equipment industry segment. The current market capitalization of CIENA Corp is $12.75B. A total of 1.77 million shares were traded on the day, compared to an average of 2.35M shares.
In the most recent transaction, SMITH GARY B sold 6,800 shares of CIEN for 84.86 per share on Feb 03 ’25. After the transaction, the President, CEO now owns 412,149 company shares. In a previous transaction on Jan 15 ’25, Kosaraju Sheela sold 1,509 shares at 85.91 per share. CIEN shares that SVP and General Counsel owns now total 95,745.
Among the insiders who sold shares, SMITH GARY B disposed of 6,800 shares on Jan 15 ’25 at a per-share price of $85.29. This resulted in the President, CEO holding 418,949 shares of CIEN after the transaction. In another insider transaction, Gage Brodie sold 350 shares at $85.91 per share on Jan 15 ’25. Company shares held by the SVP Global Products & Supply now total 49,547.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CIEN has a high of $101.44 and a low of $43.30.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CIEN’s latest balance sheet shows that the firm has $1.60B in Cash & Short Term Investments as of fiscal 2021. There were $803.68M in debt and $909.03M in liabilities at the time. Its Book Value Per Share was $19.74, while its Total Shareholder’s Equity was $3.02B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CIEN is Buy with a score of 4.07.
