Crnt stock forecast trading volume spikes in CRNT have

Trading volume spikes in CRNT have coincided with speculative bets on industry M&A activity. While no deal is confirmed, speculative interest could keep short-term volatility high. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CRNT has a P/S ratio of 0.51. This compares to its industry's average P/S of 1.1. CRNT stock forecast models indicate a possible bullish breakout if trading volumes sustain above the 50-day moving average. Institutional buying interest has slightly increased, reflecting cautious optimism in the wireless broadband equipment sector.