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.
As of close of business last night, Cambium Networks Corp’s stock clocked out at $0.85, up 8.35% from its previous closing price of $0.78. In other words, the price has increased by $8.35 from its previous closing price. On the day, 0.82 million shares were traded. CMBM stock price reached its highest trading level at $1.0 during the session, while it also had its lowest trading level at $0.785.
Ratios:
To gain a deeper understanding of CMBM’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 24007230 and an Enterprise Value of 54425236. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 0.316 whereas that against EBITDA is -0.711.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.30, which has changed by -0.5251397 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $2.08, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 56.00%, while the 200-Day Moving Average is calculated to be 5.99%.
Shares Statistics:
It appears that CMBM traded 2.21M shares on average per day over the past three months and 506230 shares per day over the past ten days. A total of 28.24M shares are outstanding, with a floating share count of 12.67M. Insiders hold about 55.12% of the company’s shares, while institutions hold 22.00% stake in the company. Shares short for CMBM as of 1752537600 were 1708399 with a Short Ratio of 0.77, compared to 1749772800 on 2235800. Therefore, it implies a Short% of Shares Outstanding of 1708399 and a Short% of Float of 13.3.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
