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The closing price of Comtech Telecommunications Corp (NASDAQ: CMTL) was $2.13 for the day, up 5.45% from the previous closing price of $2.02. In other words, the price has increased by $5.45 from its previous closing price. On the day, 0.69 million shares were traded. CMTL stock price reached its highest trading level at $2.1604 during the session, while it also had its lowest trading level at $1.9862.
Ratios:
Our analysis of CMTL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 62134020 and an Enterprise Value of 423675968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is 323.911.
Stock Price History:
The Beta on a monthly basis for CMTL is 1.07, which has changed by -0.5318681 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, CMTL has reached a high of $5.76, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -15.30%, while the 200-Day Moving Average is calculated to be -31.13%.
Shares Statistics:
CMTL traded an average of 603.16K shares per day over the past three months and 591070 shares per day over the past ten days. A total of 43.93M shares are outstanding, with a floating share count of 26.10M. Insiders hold about 10.54% of the company’s shares, while institutions hold 46.92% stake in the company. Shares short for CMTL as of 1740700800 were 1647934 with a Short Ratio of 2.73, compared to 1738281600 on 1237259. Therefore, it implies a Short% of Shares Outstanding of 1647934 and a Short% of Float of 5.7299999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.23.
