Crown Castle Inc (NYSE:CCI) currently has a daily average trading volume of 2.47M but it saw 2284467 shares traded in last market. With a market cap of 44.90B USD, the company’s current market price of $103.32 came falling about -0.13 while comparing to the previous closing price of $103.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.92 and as low as $92.48. In the recent trading on the day, stock has struck highest price mark of $102.79 while lowest mark touched by it was $103.64.
Taking a look at 20-day trading activity of Crown Castle Inc (CCI) gives us an average price of $104.57, while its current price level is -14.56% below from 52-week high level whereas it is 11.72% 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 $108.66 while that of 200 days or SMA-200 reads an average of $105.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.31% during that period while stretching the period over a month that increases to 1.70%. 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 38.08 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 -3.17% down while it is -4.95% when we observe its performance for the past one month. Year-to-date it is -10.30% down and over the past year, the stock is showing a downside performance of -12.40%.
Currently, Crown Castle Inc’s total number of outstanding shares is 435.00M. 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 36.66 while having a 38.32 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 8.49 while price to sale or P/S ratio amounts to 6.81. Its return on asset (ROA) is 3.20% on average.
