The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RBBN is 143.69M, and at present, short sellers hold a 1.09% of that float. On January 20, 2025, the average trading volume of RBBN was 375.74K shares.
RBBN) stock’s latest price update
The stock of Ribbon Communications Inc (NASDAQ: RBBN) has increased by 0.25 when compared to last closing price of 4.02. Despite this, the company has experienced a 2.03% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-23 that Communication-Network Software providers like Weave Communications (WEAV) and Ribbon Communications (RBBN) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.
RBBN’s Market Performance
RBBN’s stock has risen by 2.03% in the past week, with a monthly drop of -2.89% and a quarterly rise of 19.23%. The volatility ratio for the week is 2.53% while the volatility levels for the last 30 days are 4.06% for Ribbon Communications Inc The simple moving average for the past 20 days is -0.89% for RBBN’s stock, with a 18.78% simple moving average for the past 200 days.
Analysts’ Opinion of RBBN
Many brokerage firms have already submitted their reports for RBBN stocks, with Rosenblatt repeating the rating for RBBN by listing it as a “Buy.” The predicted price for RBBN in the upcoming period, according to Rosenblatt is $5 based on the research report published on July 11, 2024 of the previous year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see RBBN reach a price target of $6. The rating they have provided for RBBN stocks is “Mkt Outperform” according to the report published on April 29th, 2024.
Craig Hallum gave a rating of “Buy” to RBBN, setting the target price at $5.50 in the report published on July 19th of the previous year.
RBBN Trading at 0.62% 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 -8.10% of loss for the given period.
Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares sank -1.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.71% upper at present.
During the last 5 trading sessions, RBBN rose by +2.03%, which changed the moving average for the period of 200-days by +28.75% in comparison to the 20-day moving average, which settled at $4.07. In addition, Ribbon Communications Inc saw -3.12% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RBBN starting from INFANTE BEATRIZ V, who sale 5,790 shares at the price of $3.04 back on Sep 13 ’24. After this action, INFANTE BEATRIZ V now owns 303,549 shares of Ribbon Communications Inc, valued at $17,602 using the latest closing price.
INFANTE BEATRIZ V, the Director of Ribbon Communications Inc, proposed sale 5,790 shares at $3.04 during a trade that took place back on Sep 13 ’24, which means that INFANTE BEATRIZ V is holding shares at $17,602 based on the most recent closing price.
Stock Fundamentals for RBBN
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.5 for the gross margin
The net margin for Ribbon Communications Inc stands at -0.07. The total capital return value is set at 0.01. Equity return is now at value -12.75, with -4.79 for asset returns.
Based on Ribbon Communications Inc (RBBN), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is 0.31.
Currently, EBITDA for the company is 43.28 million with net debt to EBITDA at 10.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 3.25for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
To sum up, Ribbon Communications Inc (RBBN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
