In the Green: CommScope Holding Company Inc (COMM) Closes at 5.27, Up/Down 2.13 from Previous Day

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

In the latest session, CommScope Holding Company Inc (NASDAQ: COMM) closed at $5.27 up 2.13% from its previous closing price of $5.16. In other words, the price has increased by $2.13 from its previous closing price. On the day, 2.96 million shares were traded. COMM stock price reached its highest trading level at $5.4488 during the session, while it also had its lowest trading level at $5.16.

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 2.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.40.

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 1144059008 and an Enterprise Value of 11387181056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 2.197 whereas that against EBITDA is 12.312.

Stock Price History:

Over the past 52 weeks, COMM has reached a high of $7.19, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -3.55%, while the 200-Day Moving Average is calculated to be 56.80%.

Shares Statistics:

For the past three months, COMM has traded an average of 4.20M shares per day and 3902400 over the past ten days. A total of 215.86M shares are outstanding, with a floating share count of 208.22M. Insiders hold about 3.55% of the company’s shares, while institutions hold 79.80% stake in the company. Shares short for COMM as of 1734048000 were 8630518 with a Short Ratio of 2.06, compared to 1731628800 on 7564087. Therefore, it implies a Short% of Shares Outstanding of 8630518 and a Short% of Float of 4.8299997999999995.

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