At the time of writing, Cumulus Media Inc [CMLS] stock is trading at $0.49, up 0.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The CMLS shares have gain 6.15% over the last week, with a monthly amount drifted -44.56%, and not 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.
For the past year, the stock price of Cumulus Media Inc fluctuated between $0.41 and $3.72. Cumulus Media Inc [NASDAQ: CMLS] shares were valued at $0.49 at the most recent close of the market.
Analyzing the CMLS fundamentals
According to Cumulus Media Inc [NASDAQ:CMLS], the company’s sales were 827.08M for trailing twelve months, which represents an -1.23% plunge. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.34%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -1.49 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of114.33.
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 0.4530 points at the first support level, and at 0.4176 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5219, and for the 2nd resistance point, it is at 0.5554.
Ratios To Look Out For
It is important to note that Cumulus Media Inc [NASDAQ:CMLS] has a current ratio of 1.85. On the other hand, the Quick Ratio is 1.85, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 0.03, the price to book ratio is 1.20.
