Ribbon Communications Inc. (NASDAQ:RBBN) went down by -5.86% from its latest closing price compared to the recent 1-year high of $11.25. The company’s stock price has collected -16.04% of loss in the last five trading sessions. Press Release reported on 04/28/21 that Ribbon Communications Inc. Reports First Quarter 2021 Financial Results
Is It Worth Investing in Ribbon Communications Inc. (NASDAQ :RBBN) Right Now?
Ribbon Communications Inc. (NASDAQ:RBBN) scored a price-to-earnings ratio above its average ratio, recording 16.30 x from its present earnings ratio. Plus, the 36-month beta value for RBBN is at 1.11. Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for Ribbon Communications Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.17. RBBN currently public float of 118.55M and currently shorts hold a 1.25% ratio of that float. Today, the average trading volume of RBBN was 888.99K shares.
RBBN’s Market Performance
RBBN stocks went down by -16.04% for the week, with a monthly drop of -17.78% and a quarterly performance of -7.66%, while its annual performance rate touched 85.19%. The volatility ratio for the week stands at 6.73% while the volatility levels for the past 30 days are set at 4.26% for Ribbon Communications Inc.. The simple moving average for the period of the last 20 days is -17.83% for RBBN stocks with a simple moving average of 8.81% for the last 200 days.
Analysts’ Opinion of RBBN
Many brokerage firms have already submitted their reports for RBBN stocks, with B. Riley Securities repeating the rating for RBBN by listing it as a “Buy.” The predicted price for RBBN in the upcoming period, according to B. Riley Securities is $10 based on the research report published on January 26th of the current year 2021.
National Securities gave a rating of “Neutral” to RBBN, setting the target price at $3.50 in the report published on November 14th of the previous year.
RBBN Trading at -19.59% from the 50-Day Moving Average
After a stumble in the market that brought RBBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.00% of loss for the given period.
Volatility was left at 4.26%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares sank -20.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.50% lower at present.
During the last 5 trading sessions, RBBN fell by -16.04%, which changed the moving average for the period of 200-days by +70.67% in comparison to the 20-day moving average, which settled at $8.13. In addition, Ribbon Communications Inc. saw 2.90% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at RBBN starting from LOPEZ MIGUEL A, who purchase 500 shares at the price of $7.86 back on Mar 25. After this action, LOPEZ MIGUEL A now owns 22,500 shares of Ribbon Communications Inc., valued at $3,930 using the latest closing price.
Bucci Sam, the EVP & GM, IP Optical Networks of Ribbon Communications Inc., sale 10,000 shares at $8.59 during a trade that took place back on Mar 02, which means that Bucci Sam is holding 57,947 shares at $85,944 based on the most recent closing price.
Stock Fundamentals for RBBN
Current profitability levels for the company are sitting at:
- +4.16 for the present operating margin
- +51.22 for the gross margin
The net margin for Ribbon Communications Inc. stands at +10.50. The total capital return value is set at 4.01, while invested capital returns managed to touch 10.44. Equity return is now at value -31.70, with -12.70 for asset returns.
Based on Ribbon Communications Inc. (RBBN), the company’s capital structure generated 69.25 points at debt to equity in total, while total debt to capital is 40.92. Total debt to assets is 30.74, with long-term debt to equity ratio resting at 64.38. Finally, the long-term debt to capital ratio is 38.04.
When we switch over and look at the enterprise to sales, we see a ratio of 1.53, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 3.92 and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.