CommScope Holding Company Inc (NASDAQ:COMM) currently has a daily average trading volume of 4.29M but it saw 3322600 shares traded in last market. With a market cap of 1.12B USD, the company’s current market price of $5.18 came rising about 0.97 while comparing to the previous closing price of $5.13. 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 $4.975 while lowest mark touched by it was $5.255.
Taking a look at 20-day trading activity of CommScope Holding Company Inc (COMM) gives us an average price of $5.54, while its current price level is -27.96% below from 52-week high level whereas it is 502.33% 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 $5.40 while that of 200 days or SMA-200 reads an average of $3.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.14% during that period while stretching the period over a month that decreases to 7.70%. 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 45.33 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on December 17, 2024 while assigning a price target of $5.
Over the week, COMM’s stock price is moving -0.58% down while it is -2.45% when we observe its performance for the past one month. Year-to-date it is -0.58% down and over the past year, the stock is showing an upside performance of 91.85%.
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 11.29 of forward P/E ratio. Stock’s beta reads 1.92. Stock has a price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -6.60% on average.
