Comtech Telecommunications Corp (NASDAQ: CMTL) kicked off on Monday, up 11.89% from the previous trading day, before settling in for the closing price of $2.27. Over the past 52 weeks, CMTL has traded in a range of $1.19-$5.16.
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During the last 5-year period, the sales drop of Technology Sector giant was -4.26%. While this was happening, its average annual earnings per share was recorded -30.35%. With a float of $26.34 million, this company’s outstanding shares have now reached $29.35 million.
Let’s determine the extent of company efficiency that accounts for 1676 employees. In terms of profitability, gross margin is 20.9%, operating margin of -44.08%, and the pretax margin is -58.45%.
Comtech Telecommunications Corp (CMTL) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Comtech Telecommunications Corp is 10.23%, while institutional ownership is 40.22%.
Comtech Telecommunications Corp (CMTL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -30.35% per share during the next fiscal year.
Comtech Telecommunications Corp (NASDAQ: CMTL) Trading Performance Indicators
Take a look at Comtech Telecommunications Corp’s (CMTL) current performance indicators. Last quarter, stock had a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.59, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -0.98 in one year’s time.
Technical Analysis of Comtech Telecommunications Corp (CMTL)
Looking closely at Comtech Telecommunications Corp (NASDAQ: CMTL), its last 5-days average volume was 0.4 million, which is a jump from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 64.62%. Additionally, its Average True Range was 0.18.
During the past 100 days, Comtech Telecommunications Corp’s (CMTL) raw stochastic average was set at 80.36%, which indicates a significant decrease from 85.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.00% in the past 14 days, which was lower than the 95.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.67, while its 200-day Moving Average is $2.71. However, in the short run, Comtech Telecommunications Corp’s stock first resistance to watch stands at $2.72. Second resistance stands at $2.89. The third major resistance level sits at $3.14. If the price goes on to break the first support level at $2.30, it is likely to go to the next support level at $2.05. Now, if the price goes above the second support level, the third support stands at $1.88.
Comtech Telecommunications Corp (NASDAQ: CMTL) Key Stats
The company with the Market Capitalisation of 74.54 million has total of 29,347K Shares Outstanding. Its annual sales at the moment are 540,400 K in contrast with the sum of -99,990 K annual income. Company’s last quarter sales were recorded 126,570 K and last quarter income was -48,740 K.
