Home / Tech & Systems / Stocks Showing Promising Returns on Investment: Ciena Corporation (NYSE:CIEN), Violin Memory, Inc. (NYSE:VMEM)

Stocks Showing Promising Returns on Investment: Ciena Corporation (NYSE:CIEN), Violin Memory, Inc. (NYSE:VMEM)

Ciena Corporation (NYSE:CIEN) persists its position slightly strong in context of buying side, while shares price plunged -2.34% during latest trading session. Ciena (NYSE:CIEN) reported that Team “SP Avengers” from Singapore Polytechnic the winner of its inaugural global application development competition, titled the Open Networking Innovation Competition (ONIC). This first-of-its-kind event, specially organized for research and education (R&E) institutions in the Asia Pacific region, was co-hosted with the Korea Institute of Science and Technology Information (KISTI) and Singapore’s SingAREN.

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. CIEN holds price to earnings ratio of 195.14 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue.

Narrow down focus to other ratios, the co has current ratio of 1.90 that indicates if CIEN lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 1.70, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 2.05, sometimes its remain same with long term debt to equity ratio.

Following previous ticker characteristics, Violin Memory, Inc. (NYSE:VMEM) also run on active notice, stock price fell down to knees -36.88% after traded at $1.01 in most recent trading session.

VMEM has price to earnings ratio stands at unstated figure and the price to current year EPS stands at 13.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 33.30%. Moving toward ratio analysis, it has current ratio of 2.10 and quick ratio was calculated as 1.80.

Taking notice on volatility measures, price volatility of stock was 9.04% for a week and 7.28% for a month. The price volatility’s Average True Range for 14 days was 0.16. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 3.00 out of 1-5 scale with week’s performance of -42.94%. VMEM’s institutional ownership was registered as 14.20%, while insider ownership was 3.60%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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