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Behind Altice USA Inc’s 52-Week Range: Uncovering Opportunities for Investors

ZM Stock

Altice USA Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $3.66 on 12/28/23, while the lowest price for the same duration was marked at $1.52 on 08/12/24.

52-week price history of ATUS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Altice USA Inc’s current trading price is -35.38% away from its 52-week high, while its distance from the 52-week low is 55.59%. The stock’s price range during this period has spanned from $1.52 to $3.66. In the Communication Services sector, the Altice USA Inc’s shares surpassed a trading volume of approximately 1.09 million for the day, which was noticeably lower compared to the average daily volume of 9.3.03 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Altice USA Inc (ATUS) has experienced a quarterly rise of 50.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.09B and boasts a workforce of 10600 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.07, with a change in price of -0.13. Similarly, Altice USA Inc recorded 3,023,207 in trading volume during the last 100 days, posting a change of -5.24%.

ATUS Stock Stochastic Average

Today, Altice USA Inc’s raw stochastic average for the past 50 days stands at 76.92%, indicating a rise from the raw stochastic average of the last 20 days, which was 40.74%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.62% and 36.29% respectively.

ATUS Stock Price Performance Analysis

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 -27.23% this year. Over the last six months, there has been a weaker performance of 20.66%. The price of ATUS leaped by -3.07% during the last 30 days period. For the last 5-days stocks have improved 0.21%.

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