CommScope Holding Company, Inc. (NASDAQ:COMM) went up by 0.39% from its latest closing price when compared to the 1-year high value of $24.19 and move down -137.16%, while COMM stocks collected -12.07% of loss with the last five trading sessions. Press Release reported on 05/05/20 that CommScope to Participate in Upcoming Investor Conference
CommScope Holding Company, Inc. (NASDAQ:COMM) Worth an Investment?
CommScope Holding Company, Inc. (NASDAQ: COMM) The 36 Months beta value for COMM stocks is at 1.61, while of the analysts out of 0 who provided ratings for CommScope Holding Company, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $12.08 which is $2.38 above current price. COMM currently has a short float of 5.59% and public float of 191.75M with average trading volume of 4.67M shares.
COMM Market Performance
COMM stocks went down by -12.07% for the week, with the monthly jump of 7.37% and a quarterly performance of -19.62%, while its annual performance rate touched -56.56%. The simple moving average for the period of the last 20 days is -0.81% for COMM stocks with the simple moving average of -14.97% for the last 200 days.
Analysts’ Opinion on CommScope Holding Company, Inc. (NASDAQ:COMM)
Many brokerage firms have already submitted their reports for COMM stocks, with Loop Capital repeating the rating for COMM shares by setting it to “Hold”. The predicted price for COMM socks in the upcoming period according to Loop Capital is $35 based on the research report published on May 5, 2020.
JP Morgan, on the other hand, stated in their research note that they expect to see COMM stock at the price of $12. The rating they have provided for COMM stocks is “Neutral” according to the report published on April 20, 2020.
Citigroup gave “ Neutral” rating to COMM stocks, setting the target price at $7 in the report published on March 16, 2020.
COMM Stocks 7.69% Far from 50 Day Moving Average
After a stumble in the market that brought COMM to its low price for the period of the last 52 weeks, CommScope Holding Company, Inc. was unable to take a rebound, for now settling with -57.83% of loss for the given period.
The stock volatility was left at 6.09%, however, within the period of a single month, the volatility rate increased by 4.98%, while the shares surge at the distance of +6.14% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -10.49% lower at the present time.
In the course of the last 5 trading sessions, COMM went down by -12.07%, which changed the moving average for the period of 200 days to the total of -29.12% of losses for the stock in comparison to the 20-day moving average settled at $10.31. In addition, CommScope Holding Company, Inc. saw -28.12% in overturn over the period of a single year with a tendency to cut further losses.
COMM Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at CommScope Holding Company, Inc. (COMM), starting from Watts Claudius E. IV, who bought 15,000 shares at the price of $6.89 back on Mar 13. After this action, Rushing now owns 107,577 shares of CommScope Holding Company, Inc., valued at $103,307 with the latest closing price.
Edwards Marvin S Jr, the President and CEO of CommScope Holding Company, Inc., bought 30,000 shares at the value of $7.08 during a trade that took place back on Mar 13, which means that Edwards Marvin S Jr is holding 380,408 shares at the value of $212,322 based on the most recent closing price.
COMM Stock Fundamentals
The current profitability levels are settled at +1.80 for the present operating margin and +21.70 for gross margin. The net margin for CommScope Holding Company, Inc. stands at -11.14. Total capital return value is set at 1.71, while invested capital returns managed to touch -10.60. Equity return holds the value -74.60%, with -7.00% for asset returns.
Based on CommScope Holding Company, Inc. (COMM), the company’s capital structure generated 547.54 points for debt to equity in total, while total debt to capital is set at the value of 84.56. Total debt to assets is settled at the value of 69.67 with long-term debt to equity ratio rests at 0.26 and long-term debt to capital is 1,191.06.
The value for Enterprise to Sales is 1.30 with debt to enterprise value settled at 0.76. The receivables turnover for CommScope Holding Company, Inc. is 6.65 with the total asset turnover at the value of 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.