Crown Castle Inc (NYSE:CCI) currently has a daily average trading volume of 2.41M but it saw 1491176 shares traded in last market. With a market cap of 47.58B USD, the company’s current market price of $109.49 came falling about -0.06 while comparing to the previous closing price of $109.56. 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. In the recent trading on the day, stock has struck highest price mark of $108.5042 while lowest mark touched by it was $109.51.
Taking a look at 20-day trading activity of Crown Castle Inc (CCI) gives us an average price of $110.40, while its current price level is -8.38% below from 52-week high level whereas it is 29.24% 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 $103.97 while that of 200 days or SMA-200 reads an average of $105.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.15% during that period while stretching the period over a month that increases to 1.96%. 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 55.31 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 0.29% up while it is 3.81% when we observe its performance for the past one month. Year-to-date it is -4.95% down and over the past year, the stock is showing an upside performance of 10.92%.
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 40.04 while having a 40.82 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 8.43 while price to sale or P/S ratio amounts to 7.20. Its return on asset (ROA) is 3.07% on average.
