CommScope Holding Company Inc (NASDAQ:COMM) currently has a daily average trading volume of 4.35M but it saw 10279135 shares traded in last market. With a market cap of 1.32B USD, the company’s current market price of $6.13 came rising about 9.27 while comparing to the previous closing price of $5.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.19 and as low as $0.86. In the recent trading on the day, stock has struck highest price mark of $5.965 while lowest mark touched by it was $6.9.
Taking a look at 20-day trading activity of CommScope Holding Company Inc (COMM) gives us an average price of $5.23, while its current price level is -14.74% below from 52-week high level whereas it is 612.79% 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 $5.55 while that of 200 days or SMA-200 reads an average of $3.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.64% during that period while stretching the period over a month that decreases to 7.62%. 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 63.68 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on December 17, 2024, recommending a price target of $5 for it.
Over the week, COMM’s stock price is moving 5.87% up while it is 48.79% when we observe its performance for the past one month. Year-to-date it is 117.38% up and over the past year, the stock is showing an upside performance of 152.26%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.06. In next quarter, company is expected to be making quarterly sales of $1.07B as analysts are expecting the sales for current fiscal year at $4.75B and seeing the company making $4.57B in sales next year. Moreover, analysts are in estimates of $1.11B for current-quarter revenue.
Currently, CommScope Holding Company Inc’s total number of outstanding shares is 215.86M. Company’s return on investment (ROI) stands at -15.59%. It has a 12.44 of forward P/E ratio. Stock’s beta reads 1.95. Stock has a price to sale or P/S ratio amounts to 0.27. Its return on asset (ROA) is -6.60% on average.
