Cambium Networks Corp (NASDAQ:CMBM) price on Thursday, July 03, rose 5.11% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.42.
A look at the stock’s price movement, the close in the last trading session was $0.4, moving within a range at $0.4001 and $0.424. The beta value (5-Year monthly) was 1.344. Turning to its 52-week performance, $2.50 and $0.23 were the 52-week high and 52-week low respectively. Overall, CMBM moved 20.11% over the past month.
Cambium Networks Corp’s market cap currently stands at around $11.97 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CMBM is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend CMBM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CMBM’s current price about 14.49% and 4.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.75, while 7-day volatility ratio is 12.60% and 13.85% in the 30-day chart. Further, Cambium Networks Corp (CMBM) has a beta value of 1.21. Analysts have given the company’s stock an average 52-week price target of $24, forecast between a low of $4.5 and high of $74. Looking at the price targets, the low is -971.43% off current price level while to achieve the yearly target high, price needs to move -17519.05%. Nonetheless, investors will most likely welcome a -5614.29% jump to $24 which is the analysts’ median price.
If we refocus on Cambium Networks Corp (NASDAQ:CMBM), historical trading data shows that trading volumes averaged 0.47 over the past 10 days and 1.83 million over the past 3 months. The company’s latest data on shares outstanding shows there are 28.24 million shares.
The 55.12% of Cambium Networks Corp’s shares are in the hands of company insiders while institutional holders own 21.42% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.24 million on 2025-06-13, giving us a short ratio of 0.51. The data shows that as of 2025-06-13 short interest in Cambium Networks Corp (CMBM) stood at 1741.0 of shares outstanding, with shares short rising to 1.57 million registered in 2025-05-15. Current price change has pushed the stock -84.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CMBM stock continues to rise going into the next quarter.
