Analysts See $0.04 EPS for Ceragon Networks Ltd. (CRNT); Shorts at BORNEO RESOURCE INVESTMENT (BRNE) Raised By 334.78%

February 20, 2018 - By Pete Kolinski

BORNEO RESOURCE INVESTMENT (OTCMKTS:BRNE) had an increase of 334.78% in short interest. BRNE’s SI was 50,000 shares in February as released by FINRA. Its up 334.78% from 11,500 shares previously. It closed at $0.0006 lastly. It is down 0.00% since February 20, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts expect Ceragon Networks Ltd. (NASDAQ:CRNT) to report $0.04 EPS on February, 21.They anticipate $0.03 EPS change or 42.86% from last quarter’s $0.07 EPS. CRNT’s profit would be $3.12 million giving it 16.50 P/E if the $0.04 EPS is correct. After having $0.05 EPS previously, Ceragon Networks Ltd.’s analysts see -20.00% EPS growth. The stock increased 3.13% or $0.08 during the last trading session, reaching $2.64. About 984,726 shares traded or 48.04% up from the average. Ceragon Networks Ltd. (NASDAQ:CRNT) has risen 107.53% since February 20, 2017 and is uptrending. It has outperformed by 90.83% the S&P500.

Borneo Resource Investments Ltd. engages in the mineral exploration activities in the Republic of Indonesia. The company has market cap of $47,013. It primarily develops gold mines. It currently has negative earnings. The firm holds interests in the Ratatotok South property covering approximately 8.6 hectares; and Ratatotok Southeast property covering approximately 14.7 hectare, which are located in the North Sulawesi area of the Indonesian archipelago.

Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice, data, and multimedia services worldwide. The company has market cap of $205.83 million. The Company’s wireless backhaul solutions use microwave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. It has a 12.69 P/E ratio. The firm also provides wireless fronthaul solutions that use microwave technology for communication between LTE/LTE-advanced base band digital unit stations and remote radio heads.

Among 3 analysts covering Ceragon (NASDAQ:CRNT), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Ceragon had 7 analyst reports since August 14, 2015 according to SRatingsIntel. As per Tuesday, August 9, the company rating was maintained by Jefferies. Jefferies maintained the shares of CRNT in report on Friday, August 14 with “Hold” rating. Needham maintained Ceragon Networks Ltd. (NASDAQ:CRNT) on Friday, August 14 with “Buy” rating. The stock has “Hold” rating by Jefferies on Friday, October 6. As per Tuesday, January 17, the company rating was downgraded by Needham.

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