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Ciena (NYSE:CIEN – Get Rating) posted its earnings results on Tuesday. The communications equipment provider reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.13, MarketWatch Earnings reports. Ciena had a return on equity of 9.31% and a net margin of 5.02%. The company had revenue of $1.13 billion […]

Shares of Ciena Co. (NYSE:CIEN – Get Rating) gapped down before the market opened on Tuesday . The stock had previously closed at $47.50, but opened at $42.92. Ciena shares last traded at $42.49, with a volume of 1,185,827 shares. Analyst Ratings Changes Several brokerages recently issued reports on CIEN. StockNews.com started coverage on Ciena […]

Twin Tree Management LP bought a new stake in shares of Ciena Co. (NYSE:CIEN – Get Rating) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 235,972 shares of the communications equipment provider’s stock, valued at approximately $12,030,000. Twin Tree Management LP owned approximately 0.16% of Ciena […]

Picton Mahoney Asset Management bought a new stake in shares of Ciena Co. (NYSE:CIEN – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 87,300 shares of the communications equipment provider’s stock, valued at approximately $4,452,000. Picton Mahoney Asset Management owned […]

Ciena Co. (NYSE:CIEN – Get Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 4,460,000 shares, a growth of 13.8% from the April 30th total of 3,920,000 shares. Based on an average daily trading volume, of 1,740,000 shares, the short-interest ratio is […]

Elys Game Technology, Corp. (NASDAQ:ELYS – Get Rating) – Equities research analysts at HC Wainwright boosted their Q2 2023 earnings estimates for shares of Elys Game Technology in a research report issued on Wednesday, May 24th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings of ($0.06) per share for the […]

Schroder Investment Management Group decreased its holdings in Ciena Co. (NYSE:CIEN – Get Rating) by 0.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,379,276 shares of the communications equipment provider’s stock after selling 565 shares during the quarter. Schroder Investment Management Group’s holdings in Ciena were worth $70,315,000 at the end of the […]

Shares of Ciena Co. (NYSE:CIEN – Get Rating) have been given a consensus rating of “Moderate Buy” by the nineteen brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to […]

Elys Game Technology (NASDAQ:ELYS – Get Rating) will be releasing its earnings data on Tuesday, May 23rd. Elys Game Technology Price Performance Shares of Elys Game Technology stock opened at $0.52 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.64 and a current ratio of 0.64. The firm’s 50-day […]

StockNews.com assumed coverage on shares of Ciena (NYSE:CIEN – Get Rating) in a research note released on Thursday. The firm issued a hold rating on the communications equipment provider’s stock. Other analysts have also recently issued research reports about the company. Needham & Company LLC reissued a buy rating and set a $70.00 price objective […]