Radisys (RSYS) Forms $0.72 Double Bottom; Last Week Ceragon Networks Ltd. (CRNT) Analysts

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Radisys Corporation (RSYS) formed double bottom with $0.66 target or 9.00% below today’s $0.72 share price. Radisys Corporation (RSYS) has $28.52M valuation. The stock increased 0.47% or $0.0034 during the last trading session, reaching $0.7234. About 380,592 shares traded. Radisys Corporation (NASDAQ:RSYS) has declined 82.65% since April 12, 2017 and is downtrending. It has underperformed by 94.20% the S&P500.

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. The rating was maintained by Jefferies with “Hold” on Friday, October 6. Jefferies maintained Ceragon Networks Ltd. (NASDAQ:CRNT) rating on Friday, August 14. Jefferies has “Hold” rating and $1.50 target. Needham maintained Ceragon Networks Ltd. (NASDAQ:CRNT) rating on Friday, August 14. Needham has “Buy” rating and $2.50 target. Needham downgraded the stock to “Hold” rating in Tuesday, January 17 report. The firm earned “Hold” rating on Tuesday, August 9 by Jefferies. See Ceragon Networks Ltd. (NASDAQ:CRNT) latest ratings:

Among 6 analysts covering RadiSys (NASDAQ:RSYS), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RadiSys has $7.25 highest and $3.0 lowest target. $4.60’s average target is 535.89% above currents $0.7234 stock price. RadiSys had 11 analyst reports since September 3, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Thursday, September 7 report. The stock of Radisys Corporation (NASDAQ:RSYS) earned “Buy” rating by Roth Capital on Monday, June 26. The firm has “Buy” rating by Needham given on Friday, February 10. The firm earned “Buy” rating on Friday, June 17 by Jefferies. DA Davidson maintained the shares of RSYS in report on Friday, September 8 with “Buy” rating. The company was initiated on Monday, March 21 by Lake Street. On Thursday, September 3 the stock rating was initiated by Northland Capital with “Outperform”. The firm has “Buy” rating given on Friday, June 9 by Jefferies. Roth Capital initiated the stock with “Buy” rating in Tuesday, March 22 report. The firm has “Buy” rating given on Monday, January 25 by Needham.

Analysts await Radisys Corporation (NASDAQ:RSYS) to report earnings on May, 1. They expect $-0.12 EPS, up 29.41% or $0.05 from last year’s $-0.17 per share. After $-0.02 actual EPS reported by Radisys Corporation for the previous quarter, Wall Street now forecasts 500.00% negative EPS growth.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.12, from 1.11 in 2017Q3. It is positive, as 11 investors sold Radisys Corporation shares while 15 reduced holdings. 13 funds opened positions while 19 raised stakes. 12.12 million shares or 38.08% less from 19.57 million shares in 2017Q3 were reported. Goldman Sachs Group Inc reported 15,549 shares or 0% of all its holdings. California State Teachers Retirement Systems invested in 0% or 58,612 shares. 545,663 are owned by Kennedy Capital Management Inc. Bridgeway Cap Mgmt has invested 0% in Radisys Corporation (NASDAQ:RSYS). Susquehanna Interest Gp Llp accumulated 14,836 shares or 0% of the stock. Ancora Advsrs Llc owns 592,747 shares for 0.03% of their portfolio. Tiaa Cref Investment Limited Liability Corporation invested in 0% or 97,468 shares. Jpmorgan Chase holds 0% or 7,961 shares. Geode Capital Mgmt Ltd Llc owns 266,016 shares. Blackrock owns 0% invested in Radisys Corporation (NASDAQ:RSYS) for 2.56M shares. Spark Invest Management Limited Liability holds 11,400 shares or 0% of its portfolio. Tower Rech Ltd Limited Liability Company (Trc) invested 0% in Radisys Corporation (NASDAQ:RSYS). Amer Group Inc Inc reported 0% of its portfolio in Radisys Corporation (NASDAQ:RSYS). Price T Rowe Assoc Incorporated Md owns 26,998 shares for 0% of their portfolio. Barclays Public Limited Liability Co holds 0% of its portfolio in Radisys Corporation (NASDAQ:RSYS) for 6,105 shares.

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 $210.95 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 providerÂ’s network. It has a 14.21 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.

The stock decreased 0.37% or $0.01 during the last trading session, reaching $2.7. About 144,792 shares traded. Ceragon Networks Ltd. (NASDAQ:CRNT) has declined 18.43% since April 12, 2017 and is downtrending. It has underperformed by 29.98% the S&P500.

Radisys Corporation (NASDAQ:RSYS) Institutional Positions Chart