On Friday, Comtech Telecommunications Corp (NASDAQ: CMTL) opened higher 22.59% from the last session, before settling in for the closing price of $3.01. Price fluctuations for CMTL have ranged from $1.53 to $8.71 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales slid by -3.78% over the last five years. Company’s average yearly earnings per share was noted 83.46% at the time writing. With a float of $26.06 million, this company’s outstanding shares have now reached $28.73 million.
The firm has a total of 1676 workers. Let’s measure their productivity. In terms of profitability, gross margin is 27.13%, operating margin of -0.56%, and the pretax margin is -18.56%.
Comtech Telecommunications Corp (CMTL) 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 Comtech Telecommunications Corp is 10.52%, while institutional ownership is 48.02%.
Comtech Telecommunications Corp (CMTL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.46% per share during the next fiscal year.
Comtech Telecommunications Corp (NASDAQ: CMTL) Trading Performance Indicators
Check out the current performance indicators for Comtech Telecommunications Corp (CMTL). In the past quarter, the stock posted a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.72, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -0.12 in one year’s time.
Technical Analysis of Comtech Telecommunications Corp (CMTL)
Analysing the last 5-days average volume posted by the [Comtech Telecommunications Corp, CMTL], we can find that recorded value of 0.86 million was lower than the volume posted last year of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 47.07%. Additionally, its Average True Range was 0.37.
During the past 100 days, Comtech Telecommunications Corp’s (CMTL) raw stochastic average was set at 47.69%, which indicates a significant decrease from 76.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.07% in the past 14 days, which was lower than the 101.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.37, while its 200-day Moving Average is $3.12. Now, the first resistance to watch is $4.11. This is followed by the second major resistance level at $4.54. The third major resistance level sits at $5.09. If the price goes on to break the first support level at $3.13, it is likely to go to the next support level at $2.58. Should the price break the second support level, the third support level stands at $2.15.
Comtech Telecommunications Corp (NASDAQ: CMTL) Key Stats
There are currently 29,125K shares outstanding in the company with a market cap of 131.75 million. Presently, the company’s annual sales total 540,400 K according to its annual income of -99,990 K. Last quarter, the company’s sales amounted to 126,190 K and its income totaled -90,790 K.
