On Tuesday, Optimum Communications Inc (NYSE: OPTU) was 18.18% up from the session before settling in for the closing price of $1.76. A 52-week range for OPTU has been $1.68 – $3.20.
When this article was written, the company’s average yearly earnings per share was at -1489.41%. With a float of $253.47 million, this company’s outstanding shares have now reached $285.39 million.
Optimum Communications Inc (OPTU) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Optimum Communications Inc stocks. The insider ownership of Optimum Communications Inc is 46.03%, while institutional ownership is 61.41%.
Optimum Communications Inc (OPTU) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.1 earnings per share (EPS) during the time that was less than consensus figure (set at 0.04) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1489.41% per share during the next fiscal year.
Optimum Communications Inc (NYSE: OPTU) Trading Performance Indicators
You can see what Optimum Communications Inc (OPTU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.96, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Optimum Communications Inc (OPTU)
Analysing the last 5-days average volume posted by the [Optimum Communications Inc, OPTU], we can find that recorded value of 4.36 million was better than the volume posted last year of 3.81 million. As of the previous 9 days, the stock’s Stochastic %D was 46.21%.
During the past 100 days, Optimum Communications Inc’s (OPTU) raw stochastic average was set at 30.77%, which indicates a significant decrease from 83.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1400 in the past 14 days, which was higher than the 0.1400 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2500, while its 200-day Moving Average is $2.4000. Now, the first resistance to watch is $2.1800. This is followed by the second major resistance level at $2.2700. The third major resistance level sits at $2.4100. If the price goes on to break the first support level at $1.9400, it is likely to go to the next support level at $1.8000. Now, if the price goes above the second support level, the third support stands at $1.7100.
Optimum Communications Inc (NYSE: OPTU) Key Stats
There are 469,831K outstanding shares of the company, which has a market capitalization of 976.80 million. As of now, sales total 8,954 M while income totals -102,920 K. Its latest quarter income was 2,108 M while its last quarter net income were -1,626 M.
