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Cambium Networks Corp (NASDAQ: CMBM) closed the day trading at $2.76 up 1.10% from the previous closing price of $2.73. In other words, the price has increased by $1.10 from its previous closing price. On the day, 9.51 million shares were traded. CMBM stock price reached its highest trading level at $3.29 during the session, while it also had its lowest trading level at $2.61.
Ratios:
For a better understanding of CMBM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 0.21.
JP Morgan Downgraded its Neutral to Underweight on August 02, 2023, whereas the target price for the stock was revised from $17 to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Cada-Bartoli Melissa Elizabeth sold 50 shares for $1.23 per share. The transaction valued at 62 led to the insider holds 4,880 shares of the business.
Cada-Bartoli Melissa Elizabeth bought 50 shares of CMBM for $62 on Dec 02 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMBM now has a Market Capitalization of 77952912 and an Enterprise Value of 108370912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.79. Its current Enterprise Value per Revenue stands at 0.629 whereas that against EBITDA is -1.416.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.82, which has changed by 1.3135593 over the last 52 weeks, in comparison to a change of 0.13355756 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $6.80, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 156.74%, while the 200-Day Moving Average is calculated to be 256.29%.
Shares Statistics:
Over the past 3-months, CMBM traded about 14.48M shares per day on average, while over the past 10 days, CMBM traded about 92907050 shares per day. A total of 28.24M shares are outstanding, with a floating share count of 12.65M. Insiders hold about 55.20% of the company’s shares, while institutions hold 12.84% stake in the company. Shares short for CMBM as of 1760486400 were 1594096 with a Short Ratio of 0.11, compared to 1757894400 on 1576299. Therefore, it implies a Short% of Shares Outstanding of 1594096 and a Short% of Float of 12.41.
