Altice USA Inc (NYSE: ATUS) on Monday, plunged -2.90% from the previous trading day, before settling in for the closing price of $2.41. Within the past 52 weeks, ATUS’s price has moved between $1.52 and $3.66.
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A company in the Communication Services sector has dropped its sales by -0.65% annually for the last half of the decade. The company achieved an average annual earnings per share of -134.12%. With a float of $219.25 million, this company’s outstanding shares have now reached $276.97 million.
In an organization with 10600 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Altice USA Inc is 52.64%, while institutional ownership is 52.28%. The most recent insider transaction that took place on Dec 24 ’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 5,846,652 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director sold 805,230 for $24.50, making the entire transaction worth $19,728,135. This insider now owns 6,651,882 shares in total.
Altice USA Inc (ATUS) Latest Financial update
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
Altice USA Inc (ATUS) is currently performing well based on its current performance indicators. A quick ratio of 0.41 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 3.59.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.68 million. That was inferior than the volume of 3.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.64%. Additionally, its Average True Range was 0.15.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 62.60%, which indicates a significant increase from 11.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.21% in the past 14 days, which was lower than the 61.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.52, while its 200-day Moving Average is $2.23. However, in the short run, Altice USA Inc’s stock first resistance to watch stands at $2.40. Second resistance stands at $2.46. The third major resistance level sits at $2.49. If the price goes on to break the first support level at $2.31, it is likely to go to the next support level at $2.28. The third support level lies at $2.22 if the price breaches the second support level.
Altice USA Inc (NYSE: ATUS) Key Stats
Market capitalization of the company is 1.08 billion based on 461,625K outstanding shares. Right now, sales total 9,237 M and income totals 53,200 K. The company made 2,228 M in profit during its latest quarter, and -42,970 K in sales during its previous quarter.
