Assessing Whether CommScope Holding Company Inc (NASDAQ: COMM) Is Over- Or Undervalued

CommScope Holding Company Inc (COMM) concluded trading on Wednesday at a closing price of $4.21, with 2.47 million shares of worth about $10.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 127.57% during that period and on August 28, 2024 the price saw a loss of about -2.77%. Currently the company’s common shares owned by public are about 212.11M shares, out of which, 207.42M shares are available for trading.

Stock saw a price change of 3.44% in past 5 days and over the past one month there was a price change of 65.75%. Year-to-date (YTD), COMM shares are showing a performance of 49.29% which increased to 29.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.86 but also hit the highest price of $4.50 during that period. The average intraday trading volume for CommScope Holding Company Inc shares is 5.60 million. The stock is currently trading 27.35% above its 20-day simple moving average (SMA20), while that difference is up 91.37% for SMA50 and it goes to 129.76% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

CommScope Holding Company Inc (NASDAQ: COMM) currently have 212.11M outstanding shares and institutions hold larger chunk of about 79.12% of that.

The stock has a current market capitalization of $908.73M and its 3Y-monthly beta is at 2.08. It has posted earnings per share of -$8.17 in the same period. It has Quick Ratio of 0.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COMM, volatility over the week remained 6.20% while standing at 10.83% over the month.

Stock’s fiscal year EPS is expected to rise by 45.98% while it is estimated to increase by 17.47% in next year.

Stock get a Neutral rating from BofA Securities on November 10, 2023.

Most Popular

Related Posts