Altice USA Inc (NYSE:ATUS) currently has a daily average trading volume of 4.15M but it saw 1609148 shares traded in last market. With a market cap of 871.19M USD, the company’s current market price of $1.91 came falling about -2.05 while comparing to the previous closing price of $1.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.82 and as low as $1.75.
Taking a look at 20-day trading activity of Altice USA Inc (ATUS) gives us an average price of $2.3820, while its current price level is -50.00% below from 52-week high level whereas it is 9.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.4180 while that of 200 days or SMA-200 reads an average of $2.7545. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.26% during that period while stretching the period over a month that decreases to 6.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.00 which implies that the stock is in oversold territory.
Exane BNP Paribas downgraded its recommendation for the stock as a “Underperform” from “Neutral” on April 09, 2024 while assigning a price target of $1. Wells Fargo also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $2 and $1.
Over the week, ATUS’s stock price is moving -16.96% down while it is -26.82% when we observe its performance for the past one month. Year-to-date it is -41.23% down and over the past year, the stock is showing a downside performance of -34.59%.
Currently, Altice USA Inc’s total number of outstanding shares is 271.77M. Company’s return on investment (ROI) stands at 0.22%. It has a price to earnings ratio (P/E ratio) of 16.35 while having a 11.72 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is 0.16% on average.
