The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Cambium Networks Corp (NASDAQ: CMBM) closed at $1.03 in the last session, up 5.10% from day before closing price of $0.98. In other words, the price has increased by $5.10 from its previous closing price. On the day, 0.14 million shares were traded. CMBM stock price reached its highest trading level at $1.06 during the session, while it also had its lowest trading level at $0.966.
Ratios:
We take a closer look at CMBM’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 29091114 and an Enterprise Value of 59506752. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.346 whereas that against EBITDA is -0.789.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.04, which has changed by -0.75592417 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $4.92, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 1.54%, while the 200-Day Moving Average is calculated to be -50.88%.
Shares Statistics:
According to the various share statistics, CMBM traded on average about 232.83K shares per day over the past 3-months and 304570 shares per day over the past 10 days. A total of 28.24M shares are outstanding, with a floating share count of 12.64M. Insiders hold about 55.24% of the company’s shares, while institutions hold 27.25% stake in the company. Shares short for CMBM as of 1735603200 were 1011580 with a Short Ratio of 4.34, compared to 1732838400 on 570296. Therefore, it implies a Short% of Shares Outstanding of 1011580 and a Short% of Float of 7.88.
