On Tuesday, CommScope Holding Company Inc (NASDAQ: COMM) was -2.49% drop from the session before settling in for the closing price of $4.81. A 52-week range for COMM has been $0.86 – $7.19.
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Annual sales at Technology sector company slipped by -8.14% over the past five years. When this article was written, the company’s average yearly earnings per share was at -94.29%. With a float of $208.22 million, this company’s outstanding shares have now reached $215.86 million.
Let’s look at the performance matrix of the company that is accounted for 20000 employees. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CommScope Holding Company Inc stocks. The insider ownership of CommScope Holding Company Inc is 3.55%, while institutional ownership is 79.46%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -94.29% per share during the next fiscal year.
CommScope Holding Company Inc (NASDAQ: COMM) Trading Performance Indicators
You can see what CommScope Holding Company Inc (COMM) is doing with its current performance indicators. In the most recent 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 0.21. Likewise, its price to free cash flow for the trailing twelve months is 35.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.39, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of CommScope Holding Company Inc (COMM)
CommScope Holding Company Inc (NASDAQ: COMM) saw its 5-day average volume 5.38 million, a positive change from its year-to-date volume of 4.32 million. As of the previous 9 days, the stock’s Stochastic %D was 31.21%. Additionally, its Average True Range was 0.42.
During the past 100 days, CommScope Holding Company Inc’s (COMM) raw stochastic average was set at 27.75%, which indicates a significant increase from 13.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.28% in the past 14 days, which was lower than the 84.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.21, while its 200-day Moving Average is $3.66. Nevertheless, the first resistance level for the watch stands at $4.86 in the near term. At $5.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.22. If the price goes on to break the first support level at $4.50, it is likely to go to the next support level at $4.32. The third support level lies at $4.14 if the price breaches the second support level.
CommScope Holding Company Inc (NASDAQ: COMM) Key Stats
There are 215,879K outstanding shares of the company, which has a market capitalization of 1.01 billion. As of now, sales total 5,789 M while income totals -1,451 M. Its latest quarter income was 1,082 M while its last quarter net income were -33,000 K.
