Cambium Networks Corp (NASDAQ:CMBM) currently has a daily average trading volume of 240.73K but it saw 2123464 shares traded in last market. With a market cap of 9.72M USD, the company’s current market price of $0.34 came falling about -20.16 while comparing to the previous closing price of $0.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.40 and as low as $0.23.
JP Morgan also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $17 and $12.
Over the week, CMBM’s stock price is moving -23.53% down while it is -23.38% when we observe its performance for the past one month. Year-to-date it is -46.63% down and over the past year, the stock is showing a downside performance of -89.41%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.13 while estimate for next year EPS is -0.72. In next quarter, company is expected to be making quarterly sales of $45.3M as analysts are expecting the sales for current fiscal year at $175.2M and seeing the company making $205.8M in sales next year. Moreover, analysts are in estimates of $43.2M for current-quarter revenue.
Currently, Cambium Networks Corp’s total number of outstanding shares is 28.24M with 3.91% of that held by the insiders while 72.41% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -185.26% and return on equity (ROE) at -112.88%. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 0.22 while price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -41.89% on average.
