Ciena Corporation ( CIEN ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement ...
Alex Henderson, an analyst at Needham & Company, has tipped Ciena and Cisco to win the Verizon metro contract. Mr. Henderson said: "We believe Verizon is poised to announce a major award to buildout its Metro infrastructure.
Ciena Corporation (NYSE:CIEN) stock has received a short term price target of $ 25.15 from 13 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.63.
A new 3-month trading record was established on both the call and put side for shares of Ciena Corporation. A total of 24.64K call and 11.32K put contracts were traded raising a low put/call volume alert.
CIENA CORP ($CIEN) experienced unusually high volume on Mar. 04, as the stock lost 0.72% to a closing price of $20.60. The stock saw 4.55 million shares trade hands over the course of the day on 23,821 trades.