Altice USA Inc (ATUS) concluded trading on Wednesday at a closing price of $2.49, with 7.72 million shares of worth about $19.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.16% during that period and on January 08, 2025 the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 276.97M shares, out of which, 219.32M shares are available for trading.
Stock saw a price change of 3.32% in past 5 days and over the past one month there was a price change of -3.49%. Year-to-date (YTD), ATUS shares are showing a performance of 3.32% which decreased to -21.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.52 but also hit the highest price of $3.19 during that period. The average intraday trading volume for Altice USA Inc shares is 3.25 million. The stock is currently trading -0.72% below its 20-day simple moving average (SMA20), while that difference is down -1.58% for SMA50 and it goes to 11.69% higher than SMA200.
Altice USA Inc (NYSE: ATUS) currently have 276.97M outstanding shares and institutions hold larger chunk of about 52.28% of that.
The stock has a current market capitalization of $1.15B and its 3Y-monthly beta is at 1.51. It has posted earnings per share of -$0.37 in the same period. It has Quick Ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ATUS, volatility over the week remained 6.95% while standing at 6.35% over the month.
Stock’s fiscal year EPS is expected to drop by -134.12% while it is estimated to increase by 108.53% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on August 02, 2024 offering a Neutral rating for the stock and assigned a target price range of between $4 and $2 to it. Coverage by Goldman stated Altice USA Inc (ATUS) stock as a Sell in their note to investors on July 01, 2024, suggesting a price target of $2 for the stock. Stock get an Underperform rating from Exane BNP Paribas on April 09, 2024.
