In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Cambium Networks Corp (NASDAQ: CMBM) closed at $0.35 up 0.83% from its previous closing price of $0.35. In other words, the price has increased by $0.83 from its previous closing price. On the day, 81.82 million shares were traded.
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:
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 0.23.
Stock Price History:
Over the past 52 weeks, CMBM has reached a high of $3.30, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -20.29%, while the 200-Day Moving Average is calculated to be -66.05%.
Shares Statistics:
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.