On Friday, Cambium Networks Corp (NASDAQ: CMBM) opened lower -7.51% from the last session, before settling in for the closing price of $0.35. Price fluctuations for CMBM have ranged from $0.23 to $3.18 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -1.85% over the past five years. Company’s average yearly earnings per share was noted 106.94% at the time writing. With a float of $12.68 million, this company’s outstanding shares have now reached $28.24 million.
In terms of profitability, gross margin is 15.67%, operating margin of -46.03%, and the pretax margin is -49.26%.
Cambium Networks Corp (CMBM) Insider Updates
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Cambium Networks Corp is 55.12%, while institutional ownership is 21.43%. The most recent insider transaction that took place on Dec 02 ’24, was worth 62. In this transaction an insider of this company sold 50 shares at a rate of $1.23, taking the stock ownership to the 4,880 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 50 for $1.23, making the entire transaction worth $62.
Cambium Networks Corp (CMBM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 106.94% per share during the next fiscal year.
Cambium Networks Corp (NASDAQ: CMBM) Trading Performance Indicators
Check out the current performance indicators for Cambium Networks Corp (CMBM). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.53
Technical Analysis of Cambium Networks Corp (CMBM)
Cambium Networks Corp (NASDAQ: CMBM) saw its 5-day average volume 0.65 million, a negative change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 14.38%. Additionally, its Average True Range was 0.07.
During the past 100 days, Cambium Networks Corp’s (CMBM) raw stochastic average was set at 6.07%, which indicates a significant decrease from 9.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.44% in the past 14 days, which was lower than the 175.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3945, while its 200-day Moving Average is $0.9823. Nevertheless, the first resistance level for the watch stands at $0.3481 in the near term. At $0.3762, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3925. If the price goes on to break the first support level at $0.3037, it is likely to go to the next support level at $0.2874. Assuming the price breaks the second support level, the third support level stands at $0.2593.
Cambium Networks Corp (NASDAQ: CMBM) Key Stats
There are currently 28,244K shares outstanding in the company with a market cap of 9.04 million. Presently, the company’s annual sales total 220,200 K according to its annual income of -77,420 K. Last quarter, the company’s sales amounted to 43,730 K and its income totaled -9,680 K.
