In last trading session, CommScope Holding Company Inc (NASDAQ:COMM) saw 2.03 million shares changing hands with its beta currently measuring 2.12. Company’s recent per share price level of $1.47 trading at -$0.03 or -2.00% at ring of the bell on the day assigns it a market valuation of $312.05M. That closing price of COMM’s stock is at a discount of -351.7% from its 52-week high price of $6.64 and is indicating a premium of 41.5% from its 52-week low price of $0.86. Taking a look at company’s average trading volume volume of 3.25 million if we extend that period to 3-months.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Upright in the red during last session for losing -2.00%, in the last five days COMM remained trading in the red while hitting it’s week-highest on Thursday, 06/06/24 when the stock touched $1.47 price level, adding 18.33% to its value on the day. CommScope Holding Company Inc’s shares saw a change of -47.87% in year-to-date performance and have moved -14.53% in past 5-day. CommScope Holding Company Inc (NASDAQ:COMM) showed a performance of 42.72% in past 30-days.
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CommScope Holding Company Inc (COMM) estimates and forecasts
Statistics highlight that CommScope Holding Company Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -28.99% of value to its shares in past 6 months, showing an annual growth rate of -109.38% while that of industry is 16.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
COMM Dividends
CommScope Holding Company Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
