Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Cumulus Media Inc (NASDAQ: CMLS) closed at $0.20 up 1.08% from its previous closing price of $0.20. In other words, the price has increased by $1.08 from its previous closing price. On the day, 2.8 million shares were traded.
Ratios:
For a deeper understanding of Cumulus Media Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 143.24 whereas as Long-Term Debt/Eq ratio is at 139.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barrington Research on May 05, 2022, initiated with a Outperform rating and assigned the stock a target price of $21.
On May 06, 2021, B. Riley Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $14.
On May 07, 2019, B. Riley FBR started tracking the stock assigning a Neutral rating and target price of $20.B. Riley FBR initiated its Neutral rating on May 07, 2019, with a $20 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.50.
Stock Price History:
Over the past 52 weeks, CMLS has reached a high of $3.34, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -59.61%, while the 200-Day Moving Average is calculated to be -80.25%.
Shares Statistics:
A total of 16.72M shares are outstanding, with a floating share count of 12.70M. Insiders hold about 26.31% of the company’s shares, while institutions hold 43.79% stake in the company.
