On Friday, CommScope Holding Company Inc (NASDAQ: COMM) opened lower -0.17% from the last session, before settling in for the closing price of $5.75. Price fluctuations for COMM have 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%. Company’s average yearly earnings per share was noted -90.94% at the time writing. With a float of $208.05 million, this company’s outstanding shares have now reached $215.86 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) Insider Activity
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of CommScope Holding Company Inc is 3.63%, while institutional ownership is 79.78%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -90.94% per share during the next fiscal year.
CommScope Holding Company Inc (NASDAQ: COMM) Trading Performance Indicators
Check out the current performance indicators for CommScope Holding Company Inc (COMM). In the past quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26. Likewise, its price to free cash flow for the trailing twelve months is 43.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.39, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of CommScope Holding Company Inc (COMM)
Compared to the last year’s volume of 4.14 million, its volume of 3.34 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.31%. Additionally, its Average True Range was 0.38.
During the past 100 days, CommScope Holding Company Inc’s (COMM) raw stochastic average was set at 73.83%, which indicates a significant decrease from 82.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.25% in the past 14 days, which was lower than the 103.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.56, while its 200-day Moving Average is $3.08. Nevertheless, the first resistance level for the watch stands at $5.91 in the near term. At $6.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.19. If the price goes on to break the first support level at $5.63, it is likely to go to the next support level at $5.51. Should the price break the second support level, the third support level stands at $5.35.
CommScope Holding Company Inc (NASDAQ: COMM) Key Stats
There are currently 215,879K shares outstanding in the company with a market cap of 1.24 billion. Presently, the company’s annual sales total 5,789 M according to its annual income of -1,451 M. Last quarter, the company’s sales amounted to 1,082 M and its income totaled -33,000 K.
