CommScope Holding Company Inc (NASDAQ: COMM) Recovers 50.00% From 52-Week Low, Is COMM Still A High-Risk, High-Reward Play?

CommScope Holding Company Inc (NASDAQ:COMM) currently has a daily average trading volume of 4.01M but it saw 2299446 shares traded in last market. With a market cap of 273.84M USD, the company’s current market price of $1.29 came rising about 3.20 while comparing to the previous closing price of $1.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.64 and as low as $0.86.

Taking a look at 20-day trading activity of CommScope Holding Company Inc (COMM) gives us an average price of $1.2295, while its current price level is -80.59% below from 52-week high level whereas it is 50.00% 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 $1.2320 while that of 200 days or SMA-200 reads an average of $1.7943. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.36% during that period while stretching the period over a month that increases to 9.80%. 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 53.14 which implies that the stock is in neutral territory.

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BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock is $2.

Over the week, COMM’s stock price is moving 13.16% up while it is -20.37% when we observe its performance for the past one month. Year-to-date it is -54.26% down and over the past year, the stock is showing a downside performance of -79.59%.

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Currently, CommScope Holding Company Inc’s total number of outstanding shares is 212.11M. Company’s return on investment (ROI) stands at -25.96% and return on equity (ROE) at -1838.38%. It has a 2.36 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -15.31% on average.

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