logo

Crown Castle Inc Inc. (CCI) Price Performance: A Fundamental Analysis Perspective

surveying

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -15.18%. However, over the last six months, the performance has been weaker by 4.85%. The price of CCI decreased -12.97% over the last 30 days. And in the last five days, it has fallen by -4.38%.

Crown Castle Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $136.07 on 04/12/23, while the lowest price for the same period was registered at $84.72 on 10/23/23.

52-week price history of CCI Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Crown Castle Inc’s current trading price is -28.20% away from its 52-week high, while its distance from the 52-week low is 15.32%. The stock’s price range during this period has varied between$84.72 and $136.07. The Crown Castle Inc’s shares, which operate in the Real Estate, saw a trading volume of around 2.93 million for the day, a figure considerably higher than their average daily volume of 2.77 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Crown Castle Inc (CCI) has experienced a quarterly decline of -14.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.45B and boasts a workforce of 4700 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 109.36, with a change in price of -3.67. Similarly, Crown Castle Inc recorded 3,126,440 in trading volume during the last 100 days, posting a change of -3.62%.

CCI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CCI stands at 4.52. Similarly, the long-term debt-to-equity ratio is also 4.33.

CCI Stock Stochastic Average

As of today, Crown Castle Inc’s raw stochastic average for the last 50 days stands at 6.01%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 7.18%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.93% and 5.98%, respectively.