In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Cambium Networks Corp (NASDAQ: CMBM) closed at $0.64 down -19.37% from its previous closing price of $0.80. In other words, the price has decreased by -$19.37 from its previous closing price. On the day, 1.43 million shares were traded. CMBM stock price reached its highest trading level at $0.8211 during the session, while it also had its lowest trading level at $0.6425.
Ratios:
For a deeper understanding of Cambium Networks Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 18211602 and an Enterprise Value of 48628124. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 0.282 whereas that against EBITDA is -0.645.
Stock Price History:
Over the past 52 weeks, CMBM has reached a high of $6.18, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is -40.43%, while the 200-Day Moving Average is calculated to be -71.79%.
Shares Statistics:
For the past three months, CMBM has traded an average of 147.85K shares per day and 575530 over the past ten 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 1734048000 were 679320 with a Short Ratio of 4.59, compared to 1731628800 on 513115. Therefore, it implies a Short% of Shares Outstanding of 679320 and a Short% of Float of 5.29.
