EPS for Ciena (CIEN) Expected At $0.44; LOOP INDUSTRIES (LLPP) SI Increased By 86.36%

November 15, 2017 - By Henry Gaston

LOOP INDUSTRIES INCORPORATED (OTCMKTS:LLPP) had an increase of 86.36% in short interest. LLPP’s SI was 4,100 shares in November as released by FINRA. Its up 86.36% from 2,200 shares previously. With 11,700

avg volume, 0 days are for LOOP INDUSTRIES INCORPORATED (OTCMKTS:LLPP)’s short sellers to cover LLPP’s short positions. The stock increased 5.93% or $0.8 on November 14, reaching $14.3. About 5,099 shares traded. Loop Industries Inc (OTCMKTS:LLPP) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts expect Ciena Corporation (NYSE:CIEN) to report $0.44 EPS on December, 7 before the open.They anticipate $0.06 EPS change or 15.79% from last quarter’s $0.38 EPS. CIEN’s profit would be $62.70 million giving it 11.16 P/E if the $0.44 EPS is correct. After having $0.44 EPS previously, Ciena Corporation’s analysts see 0.00% EPS growth. The stock decreased 0.20% or $0.04 during the last trading session, reaching $19.65. About shares traded. Ciena Corporation (NYSE:CIEN) has risen 44.43% since November 15, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

Since May 16, 2017, it had 0 buys, and 8 insider sales for $469,695 activity. Another trade for 1,000 shares valued at $25,020 was made by McFeely Scott on Thursday, June 15. 4,019 shares were sold by PETRIK ANDREW C, worth $100,555. 2,000 Ciena Corporation (NYSE:CIEN) shares with value of $48,380 were sold by Rothenstein David M. GALLAGHER PATRICK sold 3,000 shares worth $78,870. $62,550 worth of stock was sold by ALEXANDER STEPHEN B on Thursday, June 15. 2,000 shares were sold by FRODSHAM JAMES, worth $50,040. $45,500 worth of stock was sold by MOYLAN JAMES E JR on Thursday, May 18.

Among 22 analysts covering Ciena (NYSE:CIEN), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. Ciena had 68 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was upgraded by Drexel Hamilton to “Buy” on Thursday, June 1. The rating was maintained by UBS on Friday, June 2 with “Buy”. As per Tuesday, October 31, the company rating was maintained by Cowen & Co. The rating was maintained by William Blair with “Buy” on Sunday, August 27. Cowen & Co maintained the shares of CIEN in report on Tuesday, May 30 with “Buy” rating. On Wednesday, August 26 the stock rating was upgraded by Raymond James to “Mkt Perform”. The firm earned “Buy” rating on Monday, September 18 by Needham. The company was initiated on Friday, April 8 by Drexel Hamilton. Deutsche Bank downgraded Ciena Corporation (NYSE:CIEN) on Friday, September 4 to “Hold” rating. The firm earned “Buy” rating on Monday, July 10 by Cowen & Co.

Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.06, from 1.2 in 2017Q1. It is positive, as 35 investors sold Ciena Corporation shares while 86 reduced holdings. 60 funds opened positions while 92 raised stakes. 143.63 million shares or 0.53% more from 142.87 million shares in 2017Q1 were reported. Citadel Llc holds 0.01% of its portfolio in Ciena Corporation (NYSE:CIEN) for 389,117 shares. Moreover, Manufacturers Life Ins Co The has 0.01% invested in Ciena Corporation (NYSE:CIEN). Farmers Merchants Investments reported 296 shares or 0% of all its holdings. Panagora Asset Incorporated accumulated 0% or 5,610 shares. Southport accumulated 2.83% or 42,100 shares. Comerica Natl Bank reported 109,886 shares. Dimensional Fund Advsrs Limited Partnership has 2.82 million shares. Jacobs Levy Equity Management holds 0.08% in Ciena Corporation (NYSE:CIEN) or 149,820 shares. Northern Tru Corporation owns 2.32 million shares. Renaissance Technology Ltd Liability has invested 0.02% in Ciena Corporation (NYSE:CIEN). 24,916 are held by Raymond James &. Emerald Mutual Fund Advisers stated it has 0.98% in Ciena Corporation (NYSE:CIEN). Advsr Cap Limited Liability invested in 0.17% or 81,449 shares. Parallax Volatility Advisers Lp has invested 0.01% in Ciena Corporation (NYSE:CIEN). Victory Mgmt invested 0.15% of its portfolio in Ciena Corporation (NYSE:CIEN).

Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users. The company has market cap of $2.80 billion. It provides equipment, software and services that support the transport, switching, aggregation, service delivery and management of voice, video and data traffic on communications networks. It has a 21.3 P/E ratio. It divisions include Networking Platforms; Software and Software-Related Services, and Global Services.

Loop Industries, Inc., formerly First American Group Inc., is a maker of Purified Terephthalic Acid and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The company has market cap of $469.14 million. The Firm is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. It currently has negative earnings. The Company’s technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process.


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