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.
Cumulus Media Inc (NASDAQ: CMLS) closed the day trading at $0.51 up 5.83% from the previous closing price of $0.48. In other words, the price has increased by $5.83 from its previous closing price. On the day, 1.01 million shares were traded. CMLS stock price reached its highest trading level at $0.54 during the session, while it also had its lowest trading level at $0.4702.
Ratios:
For a better understanding of CMLS, let’s look at its different 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMLS now has a Market Capitalization of 8594192 and an Enterprise Value of 742022720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.897 whereas that against EBITDA is 12.535.
Stock Price History:
The Beta on a monthly basis for CMLS is 1.13, which has changed by -0.8569014 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, CMLS has reached a high of $3.72, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -29.71%, while the 200-Day Moving Average is calculated to be -57.73%.
Shares Statistics:
Over the past 3-months, CMLS traded about 108.61K shares per day on average, while over the past 10 days, CMLS traded about 506160 shares per day. A total of 16.72M shares are outstanding, with a floating share count of 12.13M. Insiders hold about 29.62% of the company’s shares, while institutions hold 43.79% stake in the company. Shares short for CMLS as of 1741910400 were 158943 with a Short Ratio of 1.46, compared to 1739491200 on 89704. Therefore, it implies a Short% of Shares Outstanding of 158943 and a Short% of Float of 1.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
