Altice USA Inc (NYSE: ATUS) kicked off on Monday, down -5.30% from the previous trading day, before settling in for the closing price of $2.64. Over the past 52 weeks, ATUS has traded in a range of $1.52-$3.66.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales slided by -0.65%. While this was happening, its average annual earnings per share was recorded -134.12%. With a float of $214.41 million, this company’s outstanding shares have now reached $276.97 million.
The extent of productivity of a business whose workforce counts for 10600 workers is very important to gauge. In terms of profitability, gross margin is 50.14%, operating margin of 20.19%, and the pretax margin is -1.89%.
Altice USA Inc (ATUS) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Altice USA Inc is 53.51%, while institutional ownership is 52.28%. The most recent insider transaction that took place on Dec 23 ’24, was worth 19,728,135. In this transaction Director of this company sold 805,230 shares at a rate of $24.50, taking the stock ownership to the 6,651,882 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Director sold 805,230 for $24.50, making the entire transaction worth $19,728,135. This insider now owns 7,457,112 shares in total.
Altice USA Inc (ATUS) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -134.12% per share during the next fiscal year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
Take a look at Altice USA Inc’s (ATUS) current performance indicators. Last quarter, stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 3.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.37, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
The latest stats from [Altice USA Inc, ATUS] show that its last 5-days average volume of 3.54 million was superior to 3.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 57.74%. Additionally, its Average True Range was 0.16.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 74.81%, which indicates a significant increase from 48.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.18% in the past 14 days, which was lower than the 63.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.51, while its 200-day Moving Average is $2.24. Now, the first resistance to watch is $2.60. This is followed by the second major resistance level at $2.70. The third major resistance level sits at $2.76. If the price goes on to break the first support level at $2.44, it is likely to go to the next support level at $2.38. Assuming the price breaks the second support level, the third support level stands at $2.28.
Altice USA Inc (NYSE: ATUS) Key Stats
The company with the Market Capitalisation of 1.15 billion has total of 461,625K Shares Outstanding. Its annual sales at the moment are 9,237 M in contrast with the sum of 53,200 K annual income. Company’s last quarter sales were recorded 2,228 M and last quarter income was -42,970 K.
