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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 […]