NYSE:CIENCommunications
Is It Too Late To Consider Ciena (CIEN) After A 200% One Year Surge?
If you are wondering whether Ciena’s share price still offers value after its strong run, or if most of the easy gains are already behind it, this article walks through what the current valuation looks like.
Ciena’s stock closed at US$253.53, with returns of 10.2% over 7 days, 6.4% over 30 days, 3.0% year to date, 199.5% over 1 year and 392.6% over 3 years. This naturally raises questions about risk, reward and how much optimism is already reflected in the price.
Recent attention on Ciena...