Comtech Telecommunications Corp (NASDAQ: CMTL) on Monday, soared 11.42% from the previous trading day, before settling in for the closing price of $4.73. Within the past 52 weeks, CMTL’s price has moved between $1.19 and $4.88.
The company achieved an average annual earnings per share of 66.91%. With a float of $26.60 million, this company’s outstanding shares have now reached $29.61 million.
Comtech Telecommunications Corp (CMTL) Insider Activity
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Comtech Telecommunications Corp is 10.23%, while institutional ownership is 41.84%.
Comtech Telecommunications Corp (CMTL) Earnings and Forecasts
As on 1/31/2025, Multinational firm has announced its last quarter scores, in which it reported -0.35 earnings per share (EPS) for the period topping the consensus outlook (set at -0.56) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.91% per share during the next fiscal year.
Comtech Telecommunications Corp (NASDAQ: CMTL) Trading Performance Indicators
Comtech Telecommunications Corp (CMTL) is currently performing well based on its current performance indicators. A quick ratio of 1.27 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 0.32. Likewise, its price to free cash flow for the trailing twelve months is 10.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.31, a number that is poised to hit -0.58 in the next quarter and is forecasted to reach -1.96 in one year’s time.
Technical Analysis of Comtech Telecommunications Corp (CMTL)
Analysing the last 5-days average volume posted by the [Comtech Telecommunications Corp, CMTL], we can find that recorded value of 0.62 million was better than the volume posted last year of 0.31 million. As of the previous 9 days, the stock’s Stochastic %D was 96.14%.
During the past 100 days, Comtech Telecommunications Corp’s (CMTL) raw stochastic average was set at 98.58%, which indicates a significant increase from 98.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.38 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.26, while its 200-day Moving Average is $2.39. Now, the first resistance to watch is $5.53. This is followed by the second major resistance level at $5.78. The third major resistance level sits at $6.25. If the price goes on to break the first support level at $4.81, it is likely to go to the next support level at $4.34. Should the price break the second support level, the third support level stands at $4.09.
Comtech Telecommunications Corp (NASDAQ: CMTL) Key Stats
Market capitalization of the company is 156.15 million based on 29,629K outstanding shares. Right now, sales total 499,530 K and income totals -155,300 K. The company made 111,030 K in profit during its latest quarter, and -15,880 K in sales during its previous quarter.
