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
