Cambium Networks Corp [NASDAQ: CMBM] price surged by 2.98 percent to reach at $0.05.
A sum of 7569149 shares traded at recent session while its average daily volume was at 15.79M shares. Cambium Networks Corp shares reached a high of $1.8 and dropped to a low of $1.58 until finishing in the latest session at $1.73.
The one-year CMBM stock forecast points to a potential upside of 75.29. The average equity rating for CMBM stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Cambium Networks Corp [CMBM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMBM shares is $7.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMBM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Cambium Networks Corp shares, keeping their opinion on the stock as Perform, with their previous recommendation back on October 05, 2023. The new note on the price target was released on October 05, 2023, representing the official price target for Cambium Networks Corp stock. Previously, the target price had yet another drop from $17 to $12, while JP Morgan kept a Underweight rating on CMBM stock. On November 15, 2022, analysts decreased their price target for CMBM shares from 29 to 26.
The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 1.65.
CMBM Stock Performance Analysis:
Cambium Networks Corp [CMBM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.62. With this latest performance, CMBM shares dropped by -46.60% in over the last four-week period, additionally plugging by 439.44% over the last 6 months – not to mention a rise of 168.30% in the past year of trading.
Insight into Cambium Networks Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Cambium Networks Corp [CMBM] shares currently have an operating margin of -47.36% and a Gross Margin at 13.35%. Cambium Networks Corp’s Net Margin is presently recorded at -56.98%.
Cambium Networks Corp (CMBM) Capital Structure & Debt Analysis
According to recent financial data for Cambium Networks Corp. ( CMBM), the Return on Equity (ROE) stands at -112.88%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -41.89%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Cambium Networks Corp’s Return on Invested Capital (ROIC) is -185.26%, showcasing its effectiveness in deploying capital for earnings.
Cambium Networks Corp (CMBM) Efficiency & Liquidity Metrics
Based on Cambium Networks Corp’s (CMBM) latest financial statements, the Debt-to-Equity Ratio is 1.76%, indicating its reliance on debt financing relative to shareholder equity.
Cambium Networks Corp (CMBM) Efficiency & Liquidity Metrics
Cambium Networks Corp [CMBM] Institutonal Ownership Details
There are presently around $64.13%, or 66.49%% of CMBM stock, in the hands of institutional investors. The top three institutional holders of CMBM stocks are: VECTOR CAPITAL MANAGEMENT, L.P. with ownership of 14.33 million shares, which is approximately 51.4395%. PARADIGM CAPITAL MANAGEMENT INC/NY, holding 2.76 million shares of the stock with an approximate value of $$7.69 million in CMBM stocks shares; and PARADIGM CAPITAL MANAGEMENT INC/NY, currently with $$3.27 million in CMBM stock with ownership which is approximately 4.2057%.
