Ribbon Communications Stock Price on November 22, 2024
RBBN Stock | USD 3.91 0.15 3.99% |
Below is the normalized historical share price chart for Ribbon Communications extending back to May 25, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ribbon Communications stands at 3.91, as last reported on the 1st of December, with the highest price reaching 3.92 and the lowest price hitting 3.81 during the day.
If you're considering investing in Ribbon Stock, it is important to understand the factors that can impact its price. Ribbon Communications appears to be slightly risky, given 3 months investment horizon. Ribbon Communications maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ribbon Communications, which you can use to evaluate the volatility of the company. Please evaluate Ribbon Communications' Risk Adjusted Performance of 0.0805, coefficient of variation of 1045.44, and Semi Deviation of 2.44 to confirm if our risk estimates are consistent with your expectations.
At this time, Ribbon Communications' Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 56 M, while Total Stockholder Equity is likely to drop about 375.8 M. . At this time, Ribbon Communications' Price Book Value Ratio is very stable compared to the past year. As of the 1st of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.35, while Price To Sales Ratio is likely to drop 0.57. Ribbon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of May 2000 | 200 Day MA 3.2353 | 50 Day MA 3.5754 | Beta 1.086 |
Ribbon |
Sharpe Ratio = 0.1471
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Estimated Market Risk
2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ribbon Communications is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ribbon Communications by adding it to a well-diversified portfolio.
Price Book 1.7337 | Enterprise Value Ebitda 21.7725 | Price Sales 0.8477 | Shares Float 91.7 M | Wall Street Target Price 5.8 |
Related Headline
Cable One Headline on 22nd of November 2024
Filed transaction by Cable One Officer: See Remarks. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Ribbon Communications Valuation on November 22, 2024
It is possible to determine the worth of Ribbon Communications on a given historical date. On November 22, 2024 Ribbon was worth 3.95 at the beginning of the trading date compared to the closed value of 3.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ribbon Communications stock. Still, in general, we apply an absolute valuation method to find Ribbon Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ribbon Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ribbon Communications' related companies.
Open | High | Low | Close | Volume | |
3.91 | 3.93 | 3.87 | 3.90 | 540,369 | |
11/22/2024 | 3.95 | 3.97 | 3.86 | 3.90 | 326,494 |
3.93 | 3.99 | 3.86 | 3.86 | 384,451 |
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Ribbon Communications Trading Date Momentum on November 22, 2024
On November 25 2024 Ribbon Communications was traded for 3.86 at the closing time. The top price for the day was 3.99 and the lowest listed price was 3.86 . The trading volume for the day was 384.5 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.03% . The trading delta at closing time against the current closing price is 2.31% . |
Ribbon Communications Fundamentals Correlations and Trends
By evaluating Ribbon Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ribbon Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ribbon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ribbon Communications Stock history
Ribbon Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ribbon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ribbon Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ribbon Communications stock prices may prove useful in developing a viable investing in Ribbon Communications
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 170.4 M | 178.9 M | |
Net Loss | -88.3 M | -83.9 M |
Ribbon Communications Stock Technical Analysis
Ribbon Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ribbon Communications Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ribbon Communications cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ribbon Communications December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ribbon Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ribbon Communications shares will generate the highest return on investment. By undertsting and applying Ribbon Communications stock market strength indicators, traders can identify Ribbon Communications entry and exit signals to maximize returns
Ribbon Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ribbon Communications' price direction in advance. Along with the technical and fundamental analysis of Ribbon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ribbon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0805 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | 0.0518 | |||
Treynor Ratio | 0.1187 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ribbon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Ribbon Stock, please use our How to Invest in Ribbon Communications guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ribbon Communications. If investors know Ribbon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ribbon Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (0.31) | Revenue Per Share 4.672 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0072 |
The market value of Ribbon Communications is measured differently than its book value, which is the value of Ribbon that is recorded on the company's balance sheet. Investors also form their own opinion of Ribbon Communications' value that differs from its market value or its book value, called intrinsic value, which is Ribbon Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ribbon Communications' market value can be influenced by many factors that don't directly affect Ribbon Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ribbon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ribbon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ribbon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.