Crown Castle Inc (NYSE:CCI) currently has a daily average trading volume of 2.81M but it saw 1940244 shares traded in last market. With a market cap of 44.16B USD, the company’s current market price of $101.64 came falling about -0.72 while comparing to the previous closing price of $102.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $119.50 and as low as $84.72.
Taking a look at 20-day trading activity of Crown Castle Inc (CCI) gives us an average price of $100.90, while its current price level is -14.95% below from 52-week high level whereas it is 19.97% 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 $98.96 while that of 200 days or SMA-200 reads an average of $102.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.76% during that period while stretching the period over a month that decreases to 1.66%. 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 55.02 which implies that the stock is in neutral territory.
BMO Capital Markets upgraded its recommendation for the stock as a “Market Perform” from “Underperform” on January 19, 2024 while assigning a price target range of $107-$110. HSBC Securities issued its recommendations for the stock as it initiated the price target for the stock is $110.
Over the week, CCI’s stock price is moving 2.02% up while it is 5.71% when we observe its performance for the past one month. Year-to-date it is -11.76% down and over the past year, the stock is showing a downside performance of -10.05%.
Currently, Crown Castle Inc’s total number of outstanding shares is 434.00M. Company’s return on investment (ROI) stands at 4.09% and return on equity (ROE) at 20.98%. It has a price to earnings ratio (P/E ratio) of 31.71 while having a 39.65 of forward P/E ratio. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 7.31 while price to sale or P/S ratio amounts to 6.45. Its return on asset (ROA) is 3.60% on average.
