For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Cambium Networks Corp (NASDAQ: CMBM) was $0.42 for the day, up 5.11% from the previous closing price of $0.4. In other words, the price has increased by $5.11 from its previous closing price. On the day, 0.17 million shares were traded. CMBM stock price reached its highest trading level at $0.424 during the session, while it also had its lowest trading level at $0.4001.
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 11975371 and an Enterprise Value of 41856744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 0.243 whereas that against EBITDA is -0.547.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.21, which has changed by -0.81155556 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $2.50, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 4.44%, while the 200-Day Moving Average is calculated to be -52.71%.
Shares Statistics:
CMBM traded an average of 1.83M shares per day over the past three months and 469680 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 21.42% stake in the company. Shares short for CMBM as of 1749772800 were 2235800 with a Short Ratio of 1.22, compared to 1747267200 on 1565671. Therefore, it implies a Short% of Shares Outstanding of 2235800 and a Short% of Float of 17.41.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
