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After finishing at $1.89 in the prior trading day, Altice USA Inc (NYSE: ATUS) closed at $2.04, up 7.94%. In other words, the price has increased by $7.94 from its previous closing price. On the day, 21.56 million shares were traded. ATUS stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $1.91.
Ratios:
Our goal is to gain a better understanding of ATUS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on July 01, 2024, initiated with a Sell rating and assigned the stock a target price of $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATUS now has a Market Capitalization of 938322432 and an Enterprise Value of 25915113472. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 148.91, and their Forward P/E ratio for the next fiscal year is 24.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 2.819 whereas that against EBITDA is 7.357.
Stock Price History:
Over the past 52 weeks, ATUS has reached a high of $3.82, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is -6.80%, while the 200-Day Moving Average is calculated to be -16.81%.
Shares Statistics:
The stock has traded on average 2.42M shares per day over the past 3-months and 4828610 shares per day over the last 10 days, according to various share statistics. A total of 271.77M shares are outstanding, with a floating share count of 205.54M. Insiders hold about 55.31% of the company’s shares, while institutions hold 51.46% stake in the company. Shares short for ATUS as of 1719532800 were 24764638 with a Short Ratio of 10.24, compared to 1717113600 on 24752765. Therefore, it implies a Short% of Shares Outstanding of 24764638 and a Short% of Float of 15.590000000000002.
