Witnessing the stock’s movement on the chart, on Wednesday, Altice USA Inc (NYSE: ATUS) had a quiet start as it plunged -1.58% to $2.49, before settling in for the price of $2.53 at the close. Taking a more long-term approach, ATUS posted a 52-week range of $1.52-$3.66.
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It was noted that the giant of the Communication Services sector posted annual sales growth of -0.65% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 35.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -134.12%. This publicly-traded company’s shares outstanding now amounts to $276.97 million, simultaneously with a float of $204.59 million. The organization now has a market capitalization sitting at $1.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.49, while the 200-day Moving Average is $2.24.
Altice USA Inc (ATUS) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Telecom Services industry. Altice USA Inc’s current insider ownership accounts for 55.64%, in contrast to 52.28% institutional ownership. According to the most recent insider trade that took place on Dec 03 ’24, this organization’s Director sold 805,227 shares at the rate of 24.50, making the entire transaction reach 19,728,062 in total value, affecting insider ownership by 17,925,096. Preceding that transaction, on Dec 02 ’24, Company’s Director sold 805,227 for 24.50, making the whole transaction’s value amount to 19,728,062. This particular insider is now the holder of 18,730,323 in total.
Altice USA Inc (ATUS) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Altice USA Inc’s EPS decrease for this current 12-month fiscal period is -134.12% and is forecasted to reach 0.01 in the upcoming year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
Let’s observe the current performance indicators for Altice USA Inc (ATUS). It’s Quick Ratio in the last reported quarter now stands at 0.41. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.13. Similarly, its price to free cash flow for trailing twelve months is now 3.82.
In the same vein, ATUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.37, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.01 at the market close of one year from today.
Technical Analysis of Altice USA Inc (ATUS)
Going through the that latest performance of [Altice USA Inc, ATUS]. Its last 5-days volume of 2.79 million was inferior to the volume of 3.49 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 55.24% While, its Average True Range was 0.15.
Raw Stochastic average of Altice USA Inc (ATUS) in the period of the previous 100 days is set at 74.05%, which indicates a major rise in contrast to 42.86% 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 58.27% that was lower than 69.56% volatility it exhibited in the past 100-days period.
