The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 17.03% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -3.08%. Over the past 30 days, the price of SBAC has fallen by 9.99%. And in the last five days, it has surged by 3.06%.
SBA Communications Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $252.64 on 10/16/24, while the lowest price during the same period was $183.64 on 05/01/24.
52-week price history of SBAC Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. SBA Communications Corp’s current trading price is -5.60% away from its 52-week high, while its distance from the 52-week low is 29.87%. The stock’s price range for this period has been between $183.64 and $252.64. The Real Estate sector company’s shares saw a trading volume of about 1.7 million for the day, which was higher than the average daily volume of 0.98 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
SBA Communications Corp (SBAC) has experienced a quarterly rise of 18.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.76B and boasts a workforce of 1720 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 212.27, with a change in price of +15.56. Similarly, SBA Communications Corp recorded 952,386 in trading volume during the last 100 days, posting a change of +6.98%.
SBAC Stock Stochastic Average
As of today, the raw stochastic average of SBA Communications Corp over the last 50 days is at 98.51%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 98.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 75.24% and 67.80%, respectively.
