In the last trading session, 3.77 million CommScope Holding Company Inc (NASDAQ:COMM) shares changed hands as the company’s beta touched 1.94. With the company’s per share price at $0.99 changed hands at -$0.06 or -5.52% during last session, the market valuation stood at $210.57M. COMM’s last price was a discount, traded about -570.71% off its 52-week high of $6.64. The share price had its 52-week low at $0.86, which suggests the last value was 13.13% up since then. When we look at CommScope Holding Company Inc’s average trading volume, we note the 3-month average coming to 3.36 million.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Instantly COMM was in red as seen at the end of in last trading. With action 5.99%, the performance over the past five days has been green. The drop to weekly highs of 1.1782 subtracted -5.52% to the stock’s daily price. The company’s shares are showing year-to-date downside of -64.82%, with the 5-day performance at 5.99% in the green. However, in the 30-day time frame, CommScope Holding Company Inc (NASDAQ:COMM) is -16.64% down.
CommScope Holding Company Inc (COMM) estimates and forecasts
Data shows that the CommScope Holding Company Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -26.52% over the past 6 months, a -153.13% in annual growth rate that is considerably lower than the industry average of 16.70%. Year-over-year growth is forecast to reach -18.70% down from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 1.07B. 8 analysts are of the opinion that CommScope Holding Company Inc’s revenue for the current quarter will be 1.13B. The estimates for the next quarter sales put growth at -44.30%.
The 2024 estimates are for CommScope Holding Company Inc earnings to decrease by -153.81%.
COMM Dividends
CommScope Holding Company Inc is expected to release its next quarterly earnings report in June.
