Shares of Cambium Networks Corporation (NASDAQ:CMBM) traded today at $66.61, eclipsing its 52-week high. Approximately 268,000 shares have changed hands today, as compared to an average 30-day volume of 343,000 shares.
In the past 52 weeks, shares of Cambium Networks Corporation have traded between a low of $3.57 and a high of $66.61 and is now at $60.77, which is 1,602% above that low price.
There is potential upside of 4.8% for shares of Cambium Networks Corporation based on a current price of $60.77 and an average consensus analyst price target of $63.70.
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies. The company’s scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.
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