Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Cambium Networks Corp (NASDAQ: CMBM) closed at $0.42 down -10.81% from its previous closing price of $0.47. In other words, the price has decreased by -$10.81 from its previous closing price. On the day, 0.29 million shares were traded. CMBM stock price reached its highest trading level at $0.4609 during the session, while it also had its lowest trading level at $0.395.
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 11839801 and an Enterprise Value of 42257804. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 0.245 whereas that against EBITDA is -0.552.
Stock Price History:
The Beta on a monthly basis for CMBM is 1.52, which has changed by -0.8752976 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, CMBM has reached a high of $3.45, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -14.48%, while the 200-Day Moving Average is calculated to be -61.17%.
Shares Statistics:
For the past three months, CMBM has traded an average of 210.25K shares per day and 109500 over the past ten days. A total of 28.24M shares are outstanding, with a floating share count of 12.68M. Insiders hold about 55.13% of the company’s shares, while institutions hold 21.42% stake in the company. Shares short for CMBM as of 1745971200 were 1550810 with a Short Ratio of 7.38, compared to 1743379200 on 1505687. Therefore, it implies a Short% of Shares Outstanding of 1550810 and a Short% of Float of 12.0699994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0