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Altice USA Inc (NYSE: ATUS) closed the day trading at $2.05 up 5.13% from the previous closing price of $1.95. In other words, the price has increased by $5.13 from its previous closing price. On the day, 1.42 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 $1.88.
Ratios:
For a better understanding of ATUS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
Exane BNP Paribas Downgraded its Neutral to Underperform on April 09, 2024, while the target price for the stock was maintained at $1.
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 934793792 and an Enterprise Value of 26008317952. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.55, and their Forward P/E ratio for the next fiscal year is 15.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 2.816 whereas that against EBITDA is 7.304.
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 -14.76%, while the 200-Day Moving Average is calculated to be -24.72%.
Shares Statistics:
Over the past 3-months, ATUS traded about 3.99M shares per day on average, while over the past 10 days, ATUS traded about 1707340 shares per day. A total of 271.77M shares are outstanding, with a floating share count of 202.22M. Insiders hold about 55.67% of the company’s shares, while institutions hold 51.18% stake in the company. Shares short for ATUS as of 1713139200 were 24005014 with a Short Ratio of 6.02, compared to 1710460800 on 24506043. Therefore, it implies a Short% of Shares Outstanding of 24005014 and a Short% of Float of 13.03.
