A new trading day began on Monday, with CommScope Holding Company Inc (NASDAQ: COMM) stock price down -0.72% from the previous day of trading, before settling in for the closing price of $4.15. COMM’s price has ranged from $0.86 to $7.19 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 10.02%. Meanwhile, its annual earnings per share averaged -98.44%. With a float of $207.95 million, this company’s outstanding shares have now reached $212.11 million.
Considering the fact that the conglomerate employs 20000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 33.88%, operating margin of 8.78%, and the pretax margin is -7.98%.
CommScope Holding Company Inc (COMM) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of CommScope Holding Company Inc is 3.67%, while institutional ownership is 79.76%. The most recent insider transaction that took place on Mar 27 ’24, was worth 14,500. In this transaction EVP & CFO of this company bought 11,600 shares at a rate of $1.25, taking the stock ownership to the 712,475 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Director bought 92,127 for $1.60, making the entire transaction worth $147,154. This insider now owns 320,000 shares in total.
CommScope Holding Company Inc (COMM) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -98.44% per share during the next fiscal year.
CommScope Holding Company Inc (NASDAQ: COMM) Trading Performance Indicators
Here are CommScope Holding Company Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17. Likewise, its price to free cash flow for the trailing twelve months is 29.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.39, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of CommScope Holding Company Inc (COMM)
Compared to the last year’s volume of 4.18 million, its volume of 4.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 1.55%. Additionally, its Average True Range was 0.48.
During the past 100 days, CommScope Holding Company Inc’s (COMM) raw stochastic average was set at 50.00%, which indicates a significant increase from 0.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.40% in the past 14 days, which was higher than the 107.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.84, while its 200-day Moving Average is $2.81. Nevertheless, the first resistance level for the watch stands at $4.20 in the near term. At $4.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.33. If the price goes on to break the first support level at $4.07, it is likely to go to the next support level at $4.02. Now, if the price goes above the second support level, the third support stands at $3.94.
CommScope Holding Company Inc (NASDAQ: COMM) Key Stats
With a market capitalization of 831.33 million, the company has a total of 215,879K Shares Outstanding. Currently, annual sales are 5,789 M while annual income is -1,451 M. The company’s previous quarter sales were 1,082 M while its latest quarter income was -33,000 K.
