Comcast Corp (CMCSA) is -1.50% away from 50-day simple Moving Average despite all headwinds

As on Thursday, Comcast Corp (NASDAQ: CMCSA) started slowly as it slid -0.18% to $39.07, before settling in for the price of $39.14 at the close. Taking a more long-term approach, CMCSA posted a 52-week range of $36.43-$47.46.

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It was noted that the giant of the Communication Services sector posted annual sales growth of 5.43% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 7.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.39%. This publicly-traded company’s shares outstanding now amounts to $3.97 billion, simultaneously with a float of $3.89 billion. The organization now has a market capitalization sitting at $153.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $39.60, while the 200-day Moving Average is $42.48.

Comcast Corp (CMCSA) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Telecom Services industry. Comcast Corp’s current insider ownership accounts for 0.95%, in contrast to 85.95% institutional ownership. According to the most recent insider trade that took place on May 22 ’24, this organization’s 10% Owner sold 3,176,923 shares at the rate of 3.19, making the entire transaction reach 10,145,821 in total value, affecting insider ownership by 2,000,000. Preceding that transaction, on Jan 29 ’24, Company’s President sold 114,749 for 46.10, making the whole transaction’s value amount to 5,290,193. This particular insider is now the holder of 0 in total.

Comcast Corp (CMCSA) Earnings and Revenue Records

Comcast Corp’s EPS increase for this current 12-month fiscal period is 6.39% and is forecasted to reach 4.52 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.66% through the next 5 years, which can be compared against the 7.96% growth it accomplished over the previous five years trading on the market.

Comcast Corp (NASDAQ: CMCSA) Trading Performance Indicators

Let’s observe the current performance indicators for Comcast Corp (CMCSA). It’s Quick Ratio in the last reported quarter now stands at 0.59. The Stock has managed to achieve an average true range (ATR) of 0.80. Alongside those numbers, its PE Ratio stands at $10.37, and its Beta score is 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.26. Similarly, its price to free cash flow for trailing twelve months is now 9.06.

In the same vein, CMCSA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.77, a figure that is expected to reach 1.13 in the next quarter, and analysts are predicting that it will be 4.52 at the market close of one year from today.

Technical Analysis of Comcast Corp (CMCSA)

Through scrutinizing the latest numbers posted by the [Comcast Corp, CMCSA], it can be observed that its last 5-days Average volume of 18.05 million was lower the volume of 20.43 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.88% While, its Average True Range was 0.80.

Raw Stochastic average of Comcast Corp (CMCSA) in the period of the previous 100 days is set at 24.72%, which indicates a major fall in contrast to 54.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.24% that was lower than 22.55% volatility it exhibited in the past 100-days period.