Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. American Tower Corp.’s current trading price is -16.95% away from its 52-week high, while its distance from the 52-week low is 17.71%. The stock’s price range over this period has fluctuated between $154.58 and $219.10. The company, operating within the financial sector, had a trading volume of approximately 4.13 million for the day, which was noticeably higher than the average daily share volume of 2.39 million over the last 3 months.
American Tower Corp. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $219.10 on 01/02/24, while the lowest price for the same period was registered at $154.58 on 10/06/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
American Tower Corp. (AMT) has experienced a quarterly decline of -14.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 84.86B and boasts a workforce of 5643 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 201.10, with a change in price of -12.24. Similarly, American Tower Corp. recorded 2,296,414 in trading volume during the last 100 days, posting a change of -6.30%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AMT stands at 11.23. Similarly, the long-term debt-to-equity ratio is also 10.28.
AMT Stock Stochastic Average
Today’s raw stochastic average for American Tower Corp. over the last 50 days is 4.88%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 5.79%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.85% and 11.70%, respectively.
AMT 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. Year to date metric has recorded a loss of -15.71%.However, over the last six months, we can see a weaker performance of 12.31%. Over the last 30 days, the price of AMT has leaped by -11.99%. And in the last five days, it has fallen by -5.38%.
