CommScope Holding Company Inc (COMM) concluded trading on Wednesday at a closing price of $5.53, with 6.19 million shares of worth about $34.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.15% during that period and on Wednesday the price saw a gain of about 5.33%. Currently the company’s common shares owned by public are about 215.89M shares, out of which, 207.34M shares are available for trading.
Stock saw a price change of 11.94% in past 5 days and over the past one month there was a price change of 8.01%. Year-to-date (YTD), COMM shares are showing a performance of 6.14% which increased to 266.23% 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 $7.19 during that period. The average intraday trading volume for CommScope Holding Company Inc shares is 4.69 million. The stock is currently trading 2.19% above its 20-day simple moving average (SMA20), while that difference is up 4.88% for SMA50 and it goes to 25.82% higher than SMA200.
CommScope Holding Company Inc (NASDAQ: COMM) currently have 215.89M outstanding shares and institutions hold larger chunk of about 85.99% of that.
The stock has a current market capitalization of $1.20B and its 3Y-monthly beta is at 2.00. It has posted earnings per share of -$1.89 in the same period. It has Quick Ratio of 2.23. 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 5.29% while standing at 7.86% over the month.
Stock’s fiscal year EPS is expected to rise by 2895.24% while it is estimated to increase by 44.53% 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 JP Morgan on January 14, 2025 offering a Neutral rating for the stock and assigned a target price of $5 to it. Stock get a Market perform rating from Northland Capital on March 01, 2024.
