BlackRock New Jersey Municipal Income Trust (BNJ) Trades at $15.03 After Triangle; 0 Analysts Are Bullish Ceragon Networks Ltd. (CRNT) Last Week

BlackRock New Jersey Municipal Income Trust (BNJ) formed triangle with $15.78 target or 5.00% above today’s $15.03 share price. BlackRock New Jersey Municipal Income Trust (BNJ) has $115.26 million valuation. The stock increased 0.72% or $0.1079 during the last trading session, reaching $15.0279. About 20,030 shares traded or 73.36% up from the average. BlackRock New Jersey Municipal Income Trust (NYSE:BNJ) has declined 5.00% since December 23, 2016 and is downtrending. It has underperformed by 21.70% 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 firm has “Hold” rating given on Friday, October 6 by Jefferies. Jefferies maintained the stock with “Hold” rating in Tuesday, August 9 report. As per Friday, August 14, the company rating was maintained by Needham. Needham downgraded Ceragon Networks Ltd. (NASDAQ:CRNT) on Tuesday, January 17 to “Hold” rating. The rating was maintained by Jefferies with “Hold” on Friday, August 14. See Ceragon Networks Ltd. (NASDAQ:CRNT) latest ratings:

06/10/2017 Broker: Jefferies Rating: Hold New Target: $2.5 Maintain
08/08/2017 Broker: Oppenheimer Rating: Hold

Investors sentiment increased to 2.5 in 2017 Q3. Its up 2.10, from 0.4 in 2017Q2. It is positive, as 0 investors sold BlackRock New Jersey Municipal Income Trust shares while 2 reduced holdings. 1 funds opened positions while 4 raised stakes. 421,787 shares or 0.68% less from 424,660 shares in 2017Q2 were reported. Savings Bank Of America De invested in 0% or 76,651 shares. Laurion Capital Management L P invested in 0% or 13,790 shares. 600 are owned by Pnc Svcs Grp Incorporated. Advsr Asset Inc reported 64,345 shares stake. Highlander Capital Mgmt Ltd Co accumulated 7,400 shares. Guggenheim Capital Ltd Liability invested in 0.01% or 206,128 shares. Moreover, Wells Fargo And Commerce Mn has 0% invested in BlackRock New Jersey Municipal Income Trust (NYSE:BNJ) for 6,335 shares. Morgan Stanley stated it has 0% in BlackRock New Jersey Municipal Income Trust (NYSE:BNJ). Royal Commercial Bank Of Canada invested in 9,222 shares.

The stock decreased 1.53% or $0.03 during the last trading session, reaching $1.93. About 391,731 shares traded. Ceragon Networks Ltd. (NASDAQ:CRNT) has risen 107.53% since December 23, 2016 and is uptrending. It has outperformed by 90.83% the S&P500.

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 $150.48 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 9.28 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.