Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 13.28% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 49.18%. Over the past 30 days, the price of ATUS has fallen by 1.87%. And in the last five days, it has surged by 9.64%.
The stock market performance of Altice USA Inc has been very steady. Over the last year, the company’s stock hit its highest at $3.18 on 02/29/24, while the lowest price during the same time frame was $1.52, recorded on 08/12/24.
52-week price history of ATUS Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Altice USA Inc’s current trading price is -14.15% away from its 52-week high, while its distance from the 52-week low is 79.61%. The stock’s price range over this timeframe has been between $1.52 and $3.18. The shares of the Communication Services sector company recorded a trading volume of approximately 2.36 million for the day, which was comparatively lower than the average daily volume of 3.47 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Altice USA Inc (ATUS) has experienced a quarterly rise of 13.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.26B and boasts a workforce of 10600 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.40, with a change in price of +0.88. Similarly, Altice USA Inc recorded 3,244,812 in trading volume during the last 100 days, posting a change of +47.57%.
ATUS Stock Stochastic Average
The raw stochastic average for Altice USA Inc over the last 50 days is presently at 81.48%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 95.56%. Further, the company’s Stochastic %K and %D values for the last 20 days were 78.68% and 57.30%, respectively.
