CommScope Holding Company Inc (NASDAQ: COMM) on Tuesday, soared 0.79% from the previous trading day, before settling in for the closing price of $5.08. Within the past 52 weeks, COMM’s price has moved between $0.86 and $7.19.
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
During the last 5-year period, the sales drop of Technology Sector giant was -8.14%. The company achieved an average annual earnings per share of -94.29%. With a float of $208.17 million, this company’s outstanding shares have now reached $215.86 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of CommScope Holding Company Inc is 3.57%, while institutional ownership is 86.23%. 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) Recent Fiscal highlights
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
CommScope Holding Company Inc (COMM) is currently performing well based on its current performance indicators. A quick ratio of 1.05 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 0.23. Likewise, its price to free cash flow for the trailing twelve months is 39.20.
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)
Looking closely at CommScope Holding Company Inc (NASDAQ: COMM), its last 5-days average volume was 3.05 million, which is a drop from its year-to-date volume of 3.9 million. As of the previous 9 days, the stock’s Stochastic %D was 36.67%. Additionally, its Average True Range was 0.30.
During the past 100 days, CommScope Holding Company Inc’s (COMM) raw stochastic average was set at 33.65%, which indicates a significant decrease from 66.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.71% in the past 14 days, which was lower than the 79.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.33, while its 200-day Moving Average is $3.95. However, in the short run, CommScope Holding Company Inc’s stock first resistance to watch stands at $5.31. Second resistance stands at $5.49. The third major resistance level sits at $5.60. If the price goes on to break the first support level at $5.01, it is likely to go to the next support level at $4.90. Now, if the price goes above the second support level, the third support stands at $4.72.
CommScope Holding Company Inc (NASDAQ: COMM) Key Stats
Market capitalization of the company is 1.11 billion based on 215,879K outstanding shares. Right now, sales total 5,789 M and income totals -1,451 M. The company made 1,082 M in profit during its latest quarter, and -33,000 K in sales during its previous quarter.
