Cambium Networks Corp (NASDAQ: CMBM) on Tuesday, soared 0.83% from the previous trading day, before settling in for the closing price of $0.35. Within the past 52 weeks, CMBM’s price has moved between $0.23 and $3.30.
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A company in the Technology sector has dropped its sales by -1.85% annually for the last half of the decade. The company achieved an average annual earnings per share of 106.94%. 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
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
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
Cambium Networks Corp (CMBM) is currently performing well based on its current performance indicators. A quick ratio of 0.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.53
Technical Analysis of Cambium Networks Corp (CMBM)
Let’s dig in a bit further. During the last 5-days, its volume was 16.96 million. That was better than the volume of 1.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.53%. Additionally, its Average True Range was 0.08.
During the past 100 days, Cambium Networks Corp’s (CMBM) raw stochastic average was set at 8.34%, which indicates a significant decrease from 13.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.92% in the past 14 days, which was lower than the 174.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4428, while its 200-day Moving Average is $1.0399. However, in the short run, Cambium Networks Corp’s stock first resistance to watch stands at $0.5902. Second resistance stands at $0.8275. The third major resistance level sits at $0.9549. If the price goes on to break the first support level at $0.2255, it is likely to go to the next support level at $0.0981.
Cambium Networks Corp (NASDAQ: CMBM) Key Stats
Market capitalization of the company is 9.97 million based on 28,244K outstanding shares. Right now, sales total 220,200 K and income totals -77,420 K. The company made 43,730 K in profit during its latest quarter, and -9,680 K in sales during its previous quarter.
