A share price of Cambium Networks Corp [CMBM] is currently trading at $1.73, up 10.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CMBM shares have gain 16.11% over the last week, with a monthly amount glided 6.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cambium Networks Corp [NASDAQ: CMBM] stock has seen the most recent analyst activity on October 05, 2023, when Oppenheimer downgraded its rating to a Perform. Previously, JMP Securities downgraded its rating to Mkt Perform on October 05, 2023. On August 02, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $12 on the stock. Raymond James downgraded its rating to an Outperform and decreased its price target to $26 on November 15, 2022. Barrington Research downgraded its rating to a Mkt Perform. Jefferies downgraded its rating to Hold for this stock on March 04, 2022, and downed its price target to $25. In a note dated January 28, 2022, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $35.
Cambium Networks Corp experienced fluctuations in its stock price throughout the past year between $0.23 and $6.80. Currently, Wall Street analysts expect the stock to reach $34.17 within the next 12 months. Cambium Networks Corp [NASDAQ: CMBM] shares were valued at $1.73 at the most recent close of the market. An investor can expect a potential return of 1875.14% based on the average CMBM price forecast.
Analyzing the CMBM fundamentals
Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -0.68 and Total Capital is -0.5. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
