CommScope Holding Company Inc (NASDAQ: COMM) Stock: Will It Keep Climbing Higher?

In the last trading session, 3.66 million shares of the CommScope Holding Company Inc (NASDAQ:COMM) were traded, and its beta was 2.01. Most recently the company’s share price was $0.92, and it changed around -$0.03 or -2.85% from the last close, which brings the market valuation of the company to $195.90M. COMM currently trades at a discount to its 52-week high of $6.64, offering almost -621.74% off that amount. The share price’s 52-week low was $0.89, which indicates that the current value has risen by an impressive 3.26% since then. We note from CommScope Holding Company Inc’s average daily trading volume that its 3-month average coming to 2.97 million.

CommScope Holding Company Inc stock received a consensus recommendation rating of Buy, based on a mean score of 3.30. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 5 recommended COMM as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. CommScope Holding Company Inc is expected to report earnings per share of $S&P-GSCI Commodity Index Future for the current quarter.

CommScope Holding Company Inc (NASDAQ:COMM) trade information

Instantly COMM has showed a red trend with a performance of -2.85% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -67.27% year-to-date, but still down -13.75% over the last five days. On the other hand, CommScope Holding Company Inc (NASDAQ:COMM) is -34.55% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $13.8, which translates to bulls needing to increase their stock price by 93.33% from its current value. Analyst projections state that COMM is forecast to be at a low of $9 and a high of $17.

CommScope Holding Company Inc (COMM) estimates and forecasts

CommScope Holding Company Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -60.73 percent over the past six months and at a -126.56% annual growth rate that is well below the industry average of 16.70%.