After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
Stocks Info
Ribbon Communications Inc is listed on the NASDAQ in the Communication Services sector while operating in the Telecom Services industry. The current market capitalization of Ribbon Communications Inc is $829.56M. A total of 0.52 million shares were traded on the day, compared to an average of 542.43K shares.
In the most recent transaction, INFANTE BEATRIZ V sold 5,790 shares of RBBN for 3.04 per share on Sep 13 ’24. After the transaction, the Director now owns 303,549 company shares. In a previous transaction on Sep 13 ’24, INFANTE BEATRIZ V bought 5,790 shares at 3.04 per share.
Among the insiders who bought shares, LOPEZ MIGUEL A acquired of 2,000 shares on Mar 15 ’24 at a per-share price of $2.90. This resulted in the EVP, CFO holding 280,875 shares of RBBN after the transaction. In another insider transaction, GRAYSON BRUNS H bought 100,000 shares at $2.89 per share on Mar 15 ’24. Company shares held by the Director now total 590,175.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, RBBN has a high of $5.38 and a low of $2.46.
As of this writing, RBBN has an earnings estimate of $0.0 per share for the current quarter. EPS was calculated based on a consensus of 5.0 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.01.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RBBN’s latest balance sheet shows that the firm has $103.92M in Cash & Short Term Investments as of fiscal 2021. There were $442.87M in debt and $344.45M in liabilities at the time. Its Book Value Per Share was $2.26, while its Total Shareholder’s Equity was $527.17M.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 RBBN is Buy with a score of 5.00.
