3.53% volatility in Millicom International Cellular S.A (TIGO) last month: This is a red flag warning

Zack King

On Monday, Millicom International Cellular S.A (NASDAQ: TIGO) was 3.15% up from the session before settling in for the closing price of $52.0. A 52-week range for TIGO has been $23.00 – $56.27.

Annual sales at Communication Services sector company grew by 20.47% over the past five years. When this article was written, the company’s average yearly earnings per share was at 147.71%. With a float of $92.44 million, this company’s outstanding shares have now reached $167.09 million.

Millicom International Cellular S.A (TIGO) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Millicom International Cellular S.A stocks. The insider ownership of Millicom International Cellular S.A is 44.66%, while institutional ownership is 43.51%.

Millicom International Cellular S.A (TIGO) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0.26 earnings per share (EPS) during the time that was less than consensus figure (set at 0.7) by -0.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 147.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.64% during the next five years compared to 20.47% growth over the previous five years of trading.

Millicom International Cellular S.A (NASDAQ: TIGO) Trading Performance Indicators

You can see what Millicom International Cellular S.A (TIGO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 7.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.51, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 4.69 in one year’s time.

Technical Analysis of Millicom International Cellular S.A (TIGO)

Millicom International Cellular S.A (NASDAQ: TIGO) saw its 5-day average volume 1.03 million, a positive change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 61.68%.

During the past 100 days, Millicom International Cellular S.A’s (TIGO) raw stochastic average was set at 84.76%, which indicates a significant increase from 75.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.47 in the past 14 days, which was higher than the 1.45 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.67, while its 200-day Moving Average is $40.88. Nevertheless, the first resistance level for the watch stands at $55.29 in the near term. At $56.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.97. If the price goes on to break the first support level at $51.60, it is likely to go to the next support level at $49.57. Assuming the price breaks the second support level, the third support level stands at $47.92.

Millicom International Cellular S.A (NASDAQ: TIGO) Key Stats

There are 172,096K outstanding shares of the company, which has a market capitalization of 8.96 billion. As of now, sales total 5,804 M while income totals 253,000 K. Its latest quarter income was 1,420 M while its last quarter net income were 195,000 K.

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