Let’s start up with the current stock price of American Tower Corporation (AMT), which is $218.65 to be very precise. The Stock rose vividly during the last session to $227.11 after opening rate of $224.07 while the lowest price it went was recorded $222.965 before closing at $223.35.Recently in News on January 19, 2023, American Tower Corporation Announces Tax Reporting Information for 2022 Distributions. American Tower Corporation (NYSE: AMT) today announced year-end tax reporting information for its 2022 distributions. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment. You can read further details here
American Tower Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $235.57 on 01/17/23, with the lowest value was $210.93 for the same time period, recorded on 01/06/23.
American Tower Corporation (AMT) full year performance was -10.74%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, American Tower Corporation shares are logging -22.59% during the 52-week period from high price, and 22.72% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $178.17 and $282.47.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1116023 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the American Tower Corporation (AMT) recorded performance in the market was 5.42%, having the revenues showcasing 13.25% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 103.73B, as it employees total of 6378 workers.
Specialists analysis on American Tower Corporation (AMT)
During the last month, 0 analysts gave the American Tower Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 218.57, with a change in the price was noted -43.21. In a similar fashion, American Tower Corporation posted a movement of -16.54% for the period of last 100 days, recording 1,956,300 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AMT is recording 6.10 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.62.
Trends and Technical analysis: American Tower Corporation (AMT)
Raw Stochastic average of American Tower Corporation in the period of last 50 days is set at 49.99%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 39.70%. In the last 20 days, the company’s Stochastic %K was 54.63% and its Stochastic %D was recorded 68.43%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 5.42%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -10.57%, alongside a downfall of -10.74% for the period of the last 12 months. The shares increased approximately by -2.09% in the 7-day charts and went down by 4.64% in the period of the last 30 days. Common stock shares were driven by 13.25% during last recorded quarter.