Crown Castle Inc (NYSE:CCI) currently has a daily average trading volume of 2.32M but it saw 2595064 shares traded in last market. With a market cap of 48.48B USD, the company’s current market price of $111.45 came rising about 0.70 while comparing to the previous closing price of $110.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.92 and as low as $86.49. In the recent trading on the day, stock has struck highest price mark of $110.82 while lowest mark touched by it was $111.975.
Taking a look at 20-day trading activity of Crown Castle Inc (CCI) gives us an average price of $112.98, while its current price level is -7.83% below from 52-week high level whereas it is 28.86% 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 $114.00 while that of 200 days or SMA-200 reads an average of $106.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.77% during that period while stretching the period over a month that increases to 1.90%. 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 45.73 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 -0.27% down while it is -4.54% when we observe its performance for the past one month. Year-to-date it is -3.25% down and over the past year, the stock is showing an upside performance of 26.48%.
Currently, Crown Castle Inc’s total number of outstanding shares is 434.00M. Company’s return on investment (ROI) stands at 3.60% and return on equity (ROE) at 20.49%. It has a price to earnings ratio (P/E ratio) of 39.52 while having a 40.90 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 9.15 while price to sale or P/S ratio amounts to 7.35. Its return on asset (ROA) is 3.20% on average.
