Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. CommScope Holding Company Inc’s current trading price is -17.73% away from its 52-week high, while its distance from the 52-week low is 463.33%. The stock’s price range during this period has varied between $1.05 and $7.19. The company, active in the Technology sector, saw a trading volume of around 1.64 million for the day, considerably lower average daily volume of 6.11 million observed over the last three months.
CommScope Holding Company Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $7.19 on 11/06/24, while the lowest price during the same period was $1.05 on 07/05/24.
How Financial Performance Impacts Market Capitalization
CommScope Holding Company Inc (COMM) has experienced a quarterly rise of 8.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.28B and boasts a workforce of 20000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.99, with a change in price of +0.41. Similarly, CommScope Holding Company Inc recorded 5,238,510 in trading volume during the last 100 days, posting a change of +7.45%.
COMM Stock Stochastic Average
As of today, the raw stochastic average of CommScope Holding Company Inc over the last 50 days is at 98.34%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 98.01%. Further, the company’s Stochastic %K and %D values for the last 20 days were 97.15% and 96.41%, respectively.
COMM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 13.53%. However, over the past six months, we’ve seen a weaker performance of 33.22%. The price of COMM fallen by 95.86% over the last 30 days. And in the last five days, it has surged by 4.14%.
