Crown Castle Inc (CCI) average volume reaches $2.48M: Is Wall Street expecting a rally?

A new trading day began on Friday, with Crown Castle Inc (NYSE: CCI) stock price down -0.42% from the previous day of trading, before settling in for the closing price of $106.70. CCI’s price has ranged from $92.48 to $120.92 over the past 52 weeks.

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Real Estate Sector giant saw their annual sales surged by 5.54% over the last five years. Meanwhile, its annual earnings per share averaged -29.39%. With a float of $433.31 million, this company’s outstanding shares have now reached $434.00 million.

The firm has a total of 4700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 72.61%, operating margin of 32.91%, and the pretax margin is 18.99%.

Crown Castle Inc (CCI) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Specialty Industry. The insider ownership of Crown Castle Inc is 0.30%, while institutional ownership is 94.43%. The most recent insider transaction that took place on May 09 ’24, was worth 4,150. In this transaction Director of this company sold 42 shares at a rate of $98.80, taking the stock ownership to the 2,919 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 47,774 for $112.18, making the entire transaction worth $5,359,489.

Crown Castle Inc (CCI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -29.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.57% during the next five years compared to 23.06% growth over the previous five years of trading.

Crown Castle Inc (NYSE: CCI) Trading Performance Indicators

Here are Crown Castle Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.97. Likewise, its price to free cash flow for the trailing twelve months is 28.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.82, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.70 in one year’s time.

Technical Analysis of Crown Castle Inc (CCI)

Analysing the last 5-days average volume posted by the [Crown Castle Inc, CCI], we can find that recorded value of 2.49 million was lower than the volume posted last year of 2.61 million. As of the previous 9 days, the stock’s Stochastic %D was 79.78%. Additionally, its Average True Range was 1.93.

During the past 100 days, Crown Castle Inc’s (CCI) raw stochastic average was set at 33.07%, which indicates a significant decrease from 79.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.81% in the past 14 days, which was lower than the 22.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $109.65, while its 200-day Moving Average is $105.77. Now, the first resistance to watch is $106.99. This is followed by the second major resistance level at $107.74. The third major resistance level sits at $108.15. If the price goes on to break the first support level at $105.83, it is likely to go to the next support level at $105.42. Should the price break the second support level, the third support level stands at $104.67.

Crown Castle Inc (NYSE: CCI) Key Stats

With a market capitalization of 45.98 billion, the company has a total of 434,598K Shares Outstanding. Currently, annual sales are 6,981 M while annual income is 1,502 M. The company’s previous quarter sales were 1,652 M while its latest quarter income was 303,000 K.