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CCI: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -18.43%.However, over the last six months, we can see a stronger performance of -0.61%. Over the last 30 days, the price of CCI has leaped by -11.17%. And in the last five days, it has fallen by -7.88%.

Crown Castle Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $134.09 on 04/19/23 and the lowest value was $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 -29.93% away from its 52-week high, while its distance from the 52-week low is 10.91%. The stock’s price range during this period has varied between$84.72 and $134.09. The Crown Castle Inc’s shares, which operate in the Real Estate, saw a trading volume of around 4.05 million for the day, a figure considerably higher than their average daily volume of 2.8 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Crown Castle Inc (CCI) has experienced a quarterly decline of -15.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.83B 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 109.04, with a change in price of -10.47. Similarly, Crown Castle Inc recorded 3,141,905 in trading volume during the last 100 days, posting a change of -10.03%.

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

Crown Castle Inc’s raw stochastic average for the past 50 days is presently 2.76%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.49%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.79% and 4.91%, respectively.