Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Comtech Telecommunications Corp’s stock clocked out at $4.20, up 2.69% from its previous closing price of $4.09. In other words, the price has increased by $2.69 from its previous closing price. On the day, 0.9 million shares were traded. CMTL stock price reached its highest trading level at $4.4 during the session, while it also had its lowest trading level at $4.02.
Ratios:
To gain a deeper understanding of CMTL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
On December 15, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $18.25.
Jefferies Downgraded its Hold to Underperform on December 08, 2023, whereas the target price for the stock was revised from $10 to $7.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMTL now has a Market Capitalization of 122323736 and an Enterprise Value of 481546080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.891 whereas that against EBITDA is 13.567.
Stock Price History:
Over the past 52 weeks, CMTL has reached a high of $8.67, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is 24.53%, while the 200-Day Moving Average is calculated to be 35.69%.
Shares Statistics:
It appears that CMTL traded 456.46K shares on average per day over the past three months and 731300 shares per day over the past ten days. A total of 28.73M shares are outstanding, with a floating share count of 26.06M. Insiders hold about 10.52% of the company’s shares, while institutions hold 48.97% stake in the company. Shares short for CMTL as of 1734048000 were 1019426 with a Short Ratio of 2.23, compared to 1731628800 on 870022. Therefore, it implies a Short% of Shares Outstanding of 1019426 and a Short% of Float of 3.55.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.23.
