and a 36-month beta value of 1.88. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
The average price predicted for CommScope Holding Company Inc. (COMM) by analysts is $8.39, which is $4.3 above the current market price. The public float for COMM is 203.16M, and at present, short sellers hold a 7.11% of that float. On May 25, 2023, the average trading volume of COMM was 3.06M shares.
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COMM) stock’s latest price update
CommScope Holding Company Inc. (NASDAQ: COMM)’s stock price has dropped by -4.52 in relation to previous closing price of 4.20. Nevertheless, the company has seen a loss of -4.30% in its stock price over the last five trading days.
COMM’s Market Performance
CommScope Holding Company Inc. (COMM) has experienced a -4.30% fall in stock performance for the past week, with a -12.06% drop in the past month, and a -53.26% drop in the past quarter. The volatility ratio for the week is 4.38%, and the volatility levels for the past 30 days are at 5.81% for COMM. The simple moving average for the past 20 days is -10.47% for COMM’s stock, with a -52.19% simple moving average for the past 200 days.
COMM Trading at -23.06% from the 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, the company was unable to rebound, for now settling with -70.79% of loss for the given period.
Volatility was left at 5.81%, however, over the last 30 days, the volatility rate increased by 4.38%, as shares sank -11.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.31% lower at present.
During the last 5 trading sessions, COMM fell by -4.30%, which changed the moving average for the period of 200-days by -58.49% in comparison to the 20-day moving average, which settled at $4.45. In addition, CommScope Holding Company Inc. saw -45.44% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COMM starting from Carlson John R., who purchase 11,780 shares at the price of $4.24 back on May 11. After this action, Carlson John R. now owns 171,146 shares of CommScope Holding Company Inc., valued at $49,942 using the latest closing price.
Treadway Charles L., the President and CEO of CommScope Holding Company Inc., purchase 56,155 shares at $4.45 during a trade that took place back on May 10, which means that Treadway Charles L. is holding 1,673,549 shares at $249,783 based on the most recent closing price.
Stock Fundamentals for COMM
Current profitability levels for the company are sitting at:
- +5.83 for the present operating margin
- +24.84 for the gross margin
The net margin for CommScope Holding Company Inc. stands at -13.95. The total capital return value is set at 5.43, while invested capital returns managed to touch -13.09. Equity return is now at value 117.80, with -9.90 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.13, with the company’s debt to enterprise value settled at 0.81. The receivables turnover for the company is 6.04 and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
To sum up, CommScope Holding Company Inc. (COMM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
