Crown Castle Inc (NYSE:CCI) currently has a daily average trading volume of 2.62M but it saw 2231994 shares traded in last market. With a market cap of 48.80B USD, the company’s current market price of $112.29 came rising about 2.01 while comparing to the previous closing price of $110.08. 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 $104.14, while its current price level is -6.03% below from 52-week high level whereas it is 32.54% 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 $100.91 while that of 200 days or SMA-200 reads an average of $103.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.88% during that period while stretching the period over a month that increases to 2.04%. 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 79.94 which implies that the stock is in overbought 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 6.41% up while it is 17.84% when we observe its performance for the past one month. Year-to-date it is -2.52% down and over the past year, the stock is showing an upside performance of 3.73%.
Currently, Crown Castle Inc’s total number of outstanding shares is 434.00M. Company’s return on investment (ROI) stands at 3.51% and return on equity (ROE) at 18.71%. It has a price to earnings ratio (P/E ratio) of 41.07 while having a 42.03 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 8.64 while price to sale or P/S ratio amounts to 7.38. Its return on asset (ROA) is 3.07% on average.
