Comcast Corp (NASDAQ:CMCSA) price closed lower on Friday, April 12, dropping -1.92% below its previous close.
A look at the daily price movement shows that the last close reads $40.14. The company’s P/E ratio in the trailing 12-month period read 10.62. Taking into account the 52-week price action we note that the stock hit a 52-week high of $47.46 and 52-week low of $36.38. The stock subtracted -9.03% on its value in the past month.
Comcast Corp, which has a market valuation of $156.37 billion. The company stock has a Forward Dividend ratio of 1.18, while the dividend yield is 3.00%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CMCSA a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.18. The overview shows that CMCSA’s price is at present -6.30% off the SMA20 and -7.31% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.38, with weekly volatility standing at 1.70%. The indicator jumps to 1.65% when calculated based on the past 30 days. Comcast Corp (NASDAQ:CMCSA)’s beta value is holding at 0.97, while the average true range (ATR) indicator is currently reading 0.77. An analysis of the Comcast Corp (NASDAQ:CMCSA) stock in terms of its daily trading volume indicates that the 3-month average is 21.39 million.
Current records show that the company has 3.97B in outstanding shares. The insiders’ percentage holdings are 1.00% of outstanding shares while the percentage share held by institutions stands at 85.71%. But the -10.22% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
