After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This NYSE-listed company operates within the Communication Equipment industry segment, falling under the Technology sector. The current market capitalization of CIENA Corp is $9.57B. A total of 1.26 million shares were traded on the day, compared to an average of 2.44M shares.
In the most recent transaction, Rothenstein David M sold 2,500 shares of CIEN for 59.47 per share on Apr 15 ’25. After the transaction, the SVP and Chief Strategy Officer now owns 204,870 company shares. In a previous transaction on Apr 15 ’25, Gage Brodie sold 350 shares at 58.51 per share. CIEN shares that SVP Global Products & Supply owns now total 46,583.
Among the insiders who sold shares, DiPerna Dino disposed of 734 shares on Apr 15 ’25 at a per-share price of $58.51. This resulted in the SVP Global R&D holding 46,247 shares of CIEN after the transaction. In another insider transaction, SMITH GARY B sold 6,800 shares at $59.54 per share on Apr 15 ’25. Company shares held by the President, CEO now total 375,680.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CIEN has a high of $101.44 and a low of $44.69.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CIEN’s latest balance sheet shows that the firm has $1.60B in Cash & Short Term Investments as of fiscal 2021. There were $803.68M in debt and $909.03M in liabilities at the time. Its Book Value Per Share was $19.60, while its Total Shareholder’s Equity was $3.02B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 CIEN is Buy with a score of 4.14.
