Witnessing the stock’s movement on the chart, on Thursday, Optimum Communications Inc (NYSE: OPTU) had a quiet start as it plunged -5.03% to $1.7, before settling in for the price of $1.79 at the close. Taking a more long-term approach, OPTU posted a 52-week range of $1.68-$3.20.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -1366.23%. This publicly-traded company’s shares outstanding now amounts to $285.39 million, simultaneously with a float of $235.05 million. The organization now has a market capitalization sitting at $798.34 million. At the time of writing, stock’s 50-day Moving Average stood at $2.2838, while the 200-day Moving Average is $2.4192.
Optimum Communications Inc (OPTU) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Telecom Services industry. Optimum Communications Inc’s current insider ownership accounts for 49.95%, in contrast to 61.41% institutional ownership.
Optimum Communications Inc (OPTU) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
Optimum Communications Inc’s EPS decrease for this current 12-month fiscal period is -1366.23% and is forecasted to reach -0.24 in the upcoming year.
Optimum Communications Inc (NYSE: OPTU) Trading Performance Indicators
Let’s observe the current performance indicators for Optimum Communications Inc (OPTU). It’s Quick Ratio in the last reported quarter now stands at 0.77. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.09.
In the same vein, OPTU’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.96, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be -0.24 at the market close of one year from today.
Technical Analysis of Optimum Communications Inc (OPTU)
Going through the that latest performance of [Optimum Communications Inc, OPTU]. Its last 5-days volume of 3.57 million was inferior to the volume of 3.8 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 13.39% While, its Average True Range was 21.11.
Raw Stochastic average of Optimum Communications Inc (OPTU) in the period of the previous 100 days is set at 1.54%, which indicates a major fall in contrast to 3.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.1268 that was lower than 0.1382 volatility it exhibited in the past 100-days period.
