The stock of Comtech Telecommunications Corp (CMTL) has seen a 39.42% increase in the past week, with a 22.19% gain in the past month, and a 6.36% flourish in the past quarter. The volatility ratio for the week is 19.90%, and the volatility levels for the past 30 days are at 11.98% for CMTL. The simple moving average for the last 20 days is 23.11% for CMTL stock, with a simple moving average of 40.39% for the last 200 days.
Is It Worth Investing in Comtech Telecommunications Corp (NASDAQ: CMTL) Right Now?
The 36-month beta value for CMTL is at 1.55. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for CMTL is 26.06M, and currently, shorts hold a 3.91% of that float. The average trading volume for CMTL on December 26, 2024 was 479.86K shares.
CMTL) stock’s latest price update
Comtech Telecommunications Corp (NASDAQ: CMTL)’s stock price has increased by 7.94 compared to its previous closing price of 4.03. However, the company has seen a 39.42% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-12-23 that CHANDLER, Ariz.–(BUSINESS WIRE)—- $CMTL #5G–December 23, 2024– Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, received a letter (the “Letter”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with periodic requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company’s Quarterly Report on Form 10-Q f.
Analysts’ Opinion of CMTL
Many brokerage firms have already submitted their reports for CMTL stocks, with Jefferies repeating the rating for CMTL by listing it as a “Hold.” The predicted price for CMTL in the upcoming period, according to Jefferies is $3.50 based on the research report published on June 25, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see CMTL reach a price target of $18.25. The rating they have provided for CMTL stocks is “Buy” according to the report published on December 15th, 2023.
Jefferies gave a rating of “Underperform” to CMTL, setting the target price at $7.50 in the report published on December 08th of the previous year.
CMTL Trading at 29.74% from the 50-Day Moving Average
After a stumble in the market that brought CMTL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.06% of loss for the given period.
Volatility was left at 11.98%, however, over the last 30 days, the volatility rate increased by 19.90%, as shares surge +33.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.36% upper at present.
During the last 5 trading sessions, CMTL rose by +39.76%, which changed the moving average for the period of 200-days by -24.30% in comparison to the 20-day moving average, which settled at $3.53. In addition, Comtech Telecommunications Corp saw -48.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CMTL
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.27 for the gross margin
The net margin for Comtech Telecommunications Corp stands at -0.16. The total capital return value is set at -0.0. Equity return is now at value -19.29, with -10.22 for asset returns.
Based on Comtech Telecommunications Corp (CMTL), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -0.13.
Currently, EBITDA for the company is -44.81 million with net debt to EBITDA at -4.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 2.76for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
In conclusion, Comtech Telecommunications Corp (CMTL) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
