Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, CommScope Holding Company Inc (NASDAQ: COMM) closed at $0.92 down -6.80% from its previous closing price of $0.99. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 3.3 million shares were traded. COMM stock price reached its highest trading level at $1.05 during the session, while it also had its lowest trading level at $0.9166.
Ratios:
For a deeper understanding of CommScope Holding Company Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.03.
BofA Securities Downgraded its Neutral to Underperform on January 22, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 27 ’24 when Lorentzen Kyle David bought 11,600 shares for $1.25 per share. The transaction valued at 14,500 led to the insider holds 712,475 shares of the business.
KRAUSE L WILLIAM bought 92,127 shares of COMM for $147,154 on Mar 13 ’24. The Director now owns 320,000 shares after completing the transaction at $1.60 per share. On Mar 12 ’24, another insider, KRAUSE L WILLIAM, who serves as the Director of the company, bought 57,300 shares for $1.59 each. As a result, the insider paid 90,952 and bolstered with 227,873 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COMM now has a Market Capitalization of 211745632 and an Enterprise Value of 10277543936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 1.775 whereas that against EBITDA is 9.521.
Stock Price History:
Over the past 52 weeks, COMM has reached a high of $6.64, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -24.74%, while the 200-Day Moving Average is calculated to be -60.68%.
Shares Statistics:
For the past three months, COMM has traded an average of 3.37M shares per day and 4149490 over the past ten days. A total of 212.11M shares are outstanding, with a floating share count of 208.23M. Insiders hold about 1.90% of the company’s shares, while institutions hold 81.96% stake in the company. Shares short for COMM as of 1713139200 were 8809447 with a Short Ratio of 2.61, compared to 1710460800 on 9431271. Therefore, it implies a Short% of Shares Outstanding of 8809447 and a Short% of Float of 5.04.
