A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -18.08% this year. Over the last six months, there has been a weaker performance of 2.43%. The price of AMT leaped by -7.98% during the last 30 days period. For the last 5-days stocks have improved 2.01%.
American Tower Corp. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $219.10 on 01/02/24, while the lowest value for the same period was recorded at $154.58 on 10/06/23.
52-week price history of AMT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. American Tower Corp.’s current trading price is -19.29% away from its 52-week high, while its distance from the 52-week low is 14.40%. The stock’s price range during this period has varied between$154.58 and $219.10. The American Tower Corp.’s shares, which operate in the Real Estate, saw a trading volume of around 3.54 million for the day, a figure considerably higher than their average daily volume of 2.52 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
American Tower Corp. (AMT) has experienced a quarterly decline of -9.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 82.58B and boasts a workforce of 5643 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 196.73, with a change in price of -33.92. Similarly, American Tower Corp. recorded 2,383,726 in trading volume during the last 100 days, posting a change of -16.09%.
AMT’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 AMT stands at 11.82. Similarly, the long-term debt-to-equity ratio is also 10.88.
AMT Stock Stochastic Average
As of today, American Tower Corp.’s raw stochastic average for the last 50 days stands at 16.30%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 26.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 16.21% and 11.65%, respectively.
