logo

Altice USA Inc Inc. (ATUS) Price Performance: A Fundamental Analysis Perspective

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 an increase of 1.45%. However, over the last six months, the performance has been weaker by 21.04%. The price of ATUS decreased -3.36% over the last 30 days. And in the last five days, it has fallen by -0.20%.

Altice USA Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.19 on 01/08/24, while the lowest price for the same period was registered at $1.52 on 08/12/24.

52-week price history of ATUS Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Altice USA Inc’s current trading price is -23.35% away from its 52-week high, while its distance from the 52-week low is 60.86%. The stock’s price range during this period has varied between$1.52 and $3.19. The Altice USA Inc’s shares, which operate in the Communication Services, saw a trading volume of around 0.84 million for the day, a figure considerably lower than their average daily volume of 3.21 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Altice USA Inc (ATUS) has experienced a quarterly rise of 0.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.13B and boasts a workforce of 10600 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 2.33, with a change in price of +0.82. Similarly, Altice USA Inc recorded 3,305,220 in trading volume during the last 100 days, posting a change of +51.56%.

ATUS Stock Stochastic Average

As of today, Altice USA Inc’s raw stochastic average for the last 50 days stands at 30.88%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 31.40%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 25.97% and 24.42%, respectively.

Most Popular