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Cambium Networks (CMBM) Looks Good: Stock Adds 5.4% in Session

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Cambium Networks Corporation (CMBM - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 35.6% in the past one-month time frame.

The company has seen two negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Cambium Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Cambium Networks Corporation Price

A better-ranked stock in the Wireless National industry is Telenav, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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