The stock of Cambium Networks Corp (NASDAQ: CMBM) has increased by 0.67 when compared to last closing price of 0.75.Despite this, the company has seen a gain of 13.28% in its stock price over the last five trading days. zacks.com reported 2024-11-11 that Examine the evolution of Cambium’s (CMBM) overseas revenue trends and their effects on Wall Street’s forecasts and the stock’s prospects.
Is It Worth Investing in Cambium Networks Corp (NASDAQ: CMBM) Right Now?
Additionally, the 36-month beta value for CMBM is 1.01. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CMBM is 12.64M and currently, short sellers hold a 4.51% ratio of that float. The average trading volume of CMBM on December 24, 2024 was 130.82K shares.
CMBM’s Market Performance
CMBM stock saw a decrease of 13.28% in the past week, with a monthly decline of -36.44% and a quarterly a decrease of -55.62%. The volatility ratio for the week is 14.39%, and the volatility levels for the last 30 days are 11.48% for Cambium Networks Corp (CMBM). The simple moving average for the past 20 days is -21.55% for CMBM’s stock, with a -68.18% simple moving average for the past 200 days.
Analysts’ Opinion of CMBM
JP Morgan gave a rating of “Underweight” to CMBM, setting the target price at $12 in the report published on August 02nd of the previous year.
CMBM Trading at -33.98% from the 50-Day Moving Average
After a stumble in the market that brought CMBM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.46% of loss for the given period.
Volatility was left at 11.48%, however, over the last 30 days, the volatility rate increased by 14.39%, as shares sank -40.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.18% lower at present.
During the last 5 trading sessions, CMBM rose by +13.28%, which changed the moving average for the period of 200-days by -82.68% in comparison to the 20-day moving average, which settled at $0.9561. In addition, Cambium Networks Corp saw -87.50% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMBM starting from Cada-Bartoli Melissa Elizabeth, who sale 50 shares at the price of $1.23 back on Dec 02 ’24. After this action, Cada-Bartoli Melissa Elizabeth now owns 4,880 shares of Cambium Networks Corp, valued at $62 using the latest closing price.
Cada-Bartoli Melissa Elizabeth, the Officer of Cambium Networks Corp, proposed sale 50 shares at $1.23 during a trade that took place back on Dec 02 ’24, which means that Cada-Bartoli Melissa Elizabeth is holding shares at $62 based on the most recent closing price.
Stock Fundamentals for CMBM
Current profitability levels for the company are sitting at:
- -0.46 for the present operating margin
- 0.16 for the gross margin
The net margin for Cambium Networks Corp stands at -0.49. The total capital return value is set at -1.19. Equity return is now at value -112.88, with -41.89 for asset returns.
Based on Cambium Networks Corp (CMBM), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at -0.16. The debt to equity ratio resting at 1.55. The interest coverage ratio of the stock is -18.38.
Currently, EBITDA for the company is -52.1 million with net debt to EBITDA at -0.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 3.01for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In conclusion, Cambium Networks Corp (CMBM) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
