CommScope Holding Company Inc (NASDAQ: COMM) is 14.89% higher on its value in year-to-date trading and has touched a low of $0.86 and a high of $3.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COMM stock was last observed hovering at around $2.92 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $3.24, the stock is 51.67% and 95.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.68 million and changing 10.96% at the moment leaves the stock 89.30% off its SMA200. COMM registered -12.67% loss for a year compared to 6-month loss of 36.71%.
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
The stock witnessed a 103.77% gain in the last 1 month and extending the period to 3 months gives it a 214.56%, and is 46.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.47% over the week and 13.95% over the month.
CommScope Holding Company Inc (COMM) has around 20000 employees, a market worth around $687.79M and $5.34B in sales. Fwd P/E is 2.95. Profit margin for the company is -32.43%. Distance from 52-week low is 276.74% and -18.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.00%).
The EPS is expected to grow by 45.98% this year.
CommScope Holding Company Inc (COMM) Top Institutional Holders
The shares outstanding are 212.11M, and float is at 203.45M with Short Float at 4.74%.
CommScope Holding Company Inc (COMM) Insider Activity
The most recent transaction is an insider purchase by Lorentzen Kyle David,the company’sEVP & CFO. SEC filings show that Lorentzen Kyle David bought 11,600 shares of the company’s common stock on Mar 27 ’24 at a price of $1.25 per share for a total of $14500.0. Following the purchase, the insider now owns 0.71 million shares.
CommScope Holding Company Inc disclosed in a document filed with the SEC on Mar 13 ’24 that KRAUSE L WILLIAM (Director) bought a total of 92,127 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $1.60 per share for $0.15 million. Following the transaction, the insider now directly holds 0.32 million shares of the COMM stock.
Still, SEC filings show that on Mar 12 ’24, KRAUSE L WILLIAM (Director) acquired 57,300 shares at an average price of $1.59 for $90952.0. The insider now directly holds 227,873 shares of CommScope Holding Company Inc (COMM).
