Cambium Networks Corp (NASDAQ:CMBM) shares, rose in value on Friday, June 20, with the stock price down by -17.13% to the previous day’s close as strong demand from buyers drove the stock to $0.34.
Actively observing the price movement in the last trading, the stock closed the session at $0.41, falling within a range of $0.34 and $0.4028. The value of beta (5-year monthly) was 1.344. Referring to stock’s 52-week performance, its high was $3.15, and the low was $0.23. On the whole, CMBM has fluctuated by -26.99% over the past month.
With the market capitalization of Cambium Networks Corp currently standing at about $9.60 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-05.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CMBM’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CMBM currently trading nearly -7.10% and -15.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.31, while the 7-day volatility ratio is showing 14.57% which for the 30-day chart, stands at 9.44%. Furthermore, Cambium Networks Corp (CMBM)’s beta value is 1.34, and its average true range (ATR) is 0.06.
A comparison of Cambium Networks Corp (CMBM) with its peers suggests the former has fared considerably weaker in the market. CMBM showed an intraday change of -17.13% in last session, and over the past year, it shrunk by -88.36%%.
Data on historical trading for Cambium Networks Corp (NASDAQ:CMBM) indicates that the trading volumes over the past 10 days have averaged 1.46 and over the past 3 months, they’ve averaged 1.77 million. According to company’s latest data on outstanding shares, there are 28.24 million shares outstanding.
Nearly 55.12% of Cambium Networks Corp’s shares belong to company insiders and institutional investors own 21.43% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.68 million shares as on 2025-05-30, resulting in a short ratio of 8.71. According to the data, the short interest in Cambium Networks Corp (CMBM) stood at 1304.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.55 million. The stock has fallen by -47.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CMBM stock heading into the next quarter.
