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The closing price of Cambium Networks Corp (NASDAQ: CMBM) was $0.61 for the day, down -17.66% from the previous closing price of $0.75. In other words, the price has decreased by -$17.66 from its previous closing price. On the day, 0.52 million shares were traded. CMBM stock price reached its highest trading level at $0.7299 during the session, while it also had its lowest trading level at $0.6001.
Ratios:
Our analysis of CMBM’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 17367118 and an Enterprise Value of 47785116. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.277 whereas that against EBITDA is -0.624.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.64, which has changed by -0.57586205 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $1.69, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -21.74%, while the 200-Day Moving Average is calculated to be -14.10%.
Shares Statistics:
CMBM traded an average of 352.06K shares per day over the past three months and 238050 shares per day over the past ten days. A total of 28.24M shares are outstanding, with a floating share count of 12.65M. Insiders hold about 55.21% of the company’s shares, while institutions hold 12.86% stake in the company. Shares short for CMBM as of 1759190400 were 1586270 with a Short Ratio of 4.51, compared to 1756425600 on 1729342. Therefore, it implies a Short% of Shares Outstanding of 1586270 and a Short% of Float of 12.350000399999999.
Earnings Estimates
A detailed examination of Cambium Networks Corp (CMBM) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.72 and -$0.72 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is $0.05, with 1.0 analysts recommending between $0.05 and $0.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $43.2M to a low estimate of $43.2M. As of. The current estimate, Cambium Networks Corp’s year-ago sales were $40.21MFor the next quarter, 1 analysts are estimating revenue of $45.3M. There is a high estimate of $45.3M for the next quarter, whereas the lowest estimate is $45.3M.
A total of 1 analysts have provided revenue estimates for CMBM’s current fiscal year. The highest revenue estimate was $175.2M, while the lowest revenue estimate was $175.2M, resulting in an average revenue estimate of $175.2M. In the same quarter a year ago, actual revenue was $220.19MBased on 1 analysts’ estimates, the company’s revenue will be $205.8M in the next fiscal year. The high estimate is $205.8M and the low estimate is $205.8M.
