Cumulus Media Inc [CMLS] stock prices are up 8.87% to $0.89 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CMLS shares have gain 33.24% over the last week, with a monthly amount glided 14.45%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cumulus Media Inc [NASDAQ: CMLS] stock has seen the most recent analyst activity on May 05, 2022, when Barrington Research initiated its Outperform rating and assigned the stock a price target of $21. Previously, B. Riley Securities upgraded its rating to Buy on May 06, 2021, and kept the price target unchanged to $14. On May 07, 2019, B. Riley FBR initiated with a Neutral rating and assigned a price target of $20 on the stock.
The stock price of Cumulus Media Inc [CMLS] has been fluctuating between $0.63 and $5.30 over the past year. Cumulus Media Inc [NASDAQ: CMLS] shares were valued at $0.89 at the most recent close of the market.
Analyzing the CMLS fundamentals
The Cumulus Media Inc [NASDAQ:CMLS] reported sales of 829.80M for trailing twelve months, representing a drop of -1.84%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.58 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8549 points at the first support level, and at 0.8172 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9202, and for the 2nd resistance point, it is at 0.9478.
Ratios To Look Out For
It’s worth pointing out that Cumulus Media Inc [NASDAQ:CMLS]’s Current Ratio is 1.89. Further, the Quick Ratio stands at 1.89, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 0.03, the price to book ratio is 0.06.
