Cambium Networks Corporation (NASDAQ:CMBM) traded at a new 52-week high today of $66.61. This new high was reached on above average trading volume as 9.7 million shares traded hands, while the average 30-day volume is approximately 171,000 shares.
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.
Cambium Networks Corporation (NASDAQ:CMBM) defies analysts with a current price ($20.52) 0.3% above its average consensus price target of $20.46.
In the past 52 weeks, shares of Cambium Networks Corporation have traded between the current low of $3.57 and a high of $66.40 and is now at $20.52.
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