Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Altice USA Inc’s current trading price is -42.93% away from its 52-week high, while its distance from the 52-week low is 24.93%. The stock’s price range during this period has varied between $1.75 and $3.82. The company, active in the Communication Services sector, saw a trading volume of around 3.78 million for the day, considerably lower average daily volume of 4.39 million observed over the last three months.
Altice USA Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $3.82 on 08/04/23, while the lowest price during the same period was $1.75 on 12/13/23.
How Financial Performance Impacts Market Capitalization
Altice USA Inc (ATUS) has experienced a quarterly decline of -26.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 994.34M and boasts a workforce of 10600 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.47, with a change in price of -0.07. Similarly, Altice USA Inc recorded 4,788,563 in trading volume during the last 100 days, posting a change of -2.90%.
ATUS Stock Stochastic Average
As of today, the raw stochastic average of Altice USA Inc over the last 50 days is at 28.21%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 0.74%. Further, the company’s Stochastic %K and %D values for the last 20 days were 30.11% and 33.94%, respectively.
ATUS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -32.92%. However, over the past six months, we’ve seen a stronger performance of -28.52%. The price of ATUS leaped by -14.51% over the last 30 days. And in the last five days, it has fallen by -16.48%.
