Market Recap: Cambium Networks Corp (CMBM)’s Positive Momentum, Closing at 1.81M

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Cambium Networks Corp (NASDAQ: CMBM) was $1.81M for the day, up 876924% from the previous closing price of $0.41. In other words, the price has increased by $876924 from its previous closing price. On the day, 0.88 million shares were traded. CMBM stock price reached its highest trading level at $0.4028 during the session, while it also had its lowest trading level at $0.34.

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 9602892 and an Enterprise Value of 40020896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.22. Its current Enterprise Value per Revenue stands at 0.232 whereas that against EBITDA is -0.523.

Stock Price History:

The Beta on a monthly basis for CMBM is 1.34, which has changed by -0.88590604 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $3.15, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -15.16%, while the 200-Day Moving Average is calculated to be -64.40%.

Shares Statistics:

CMBM traded an average of 1.81M shares per day over the past three months and 1462200 shares per day over the past ten days. A total of 28.24M shares are outstanding, with a floating share count of 12.68M. Insiders hold about 55.12% of the company’s shares, while institutions hold 21.43% stake in the company. Shares short for CMBM as of 1748563200 were 1675057 with a Short Ratio of 0.93, compared to 1745971200 on 1550810. Therefore, it implies a Short% of Shares Outstanding of 1675057 and a Short% of Float of 13.04.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.