Crown Castle Inc Still Hasn’t Convinced Analysts?

AMMJ Stock

Crown Castle Inc (NYSE:CCI) price is hovering higher on Wednesday, April 17, jumping 0.05% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $93.96. The company’s P/E ratio in the trailing 12-month period read 27.22. Taking into account the 52-week price action we note that the stock hit a 52-week high of $134.09 and 52-week low of $84.72. The stock subtracted -9.91% on its value in the past month.

Crown Castle Inc, which has a market valuation of $40.85 billion. The company stock has a Forward Dividend ratio of 6.26, while the dividend yield is 6.66%. 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 CCI 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 Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.

The overview shows that CCI’s price is at present -7.25% off the SMA20 and -11.03% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 25.72, with weekly volatility standing at 2.19%. The indicator jumps to 1.75% when calculated based on the past 30 days. Crown Castle Inc (NYSE:CCI)’s beta value is holding at 0.77, while the average true range (ATR) indicator is currently reading 2.10.

An analysis of the Crown Castle Inc (NYSE:CCI) stock in terms of its daily trading volume indicates that the 3-month average is 2.78 million.

Current records show that the company has 434.00M in outstanding shares. The insiders’ percentage holdings are 0.42% of outstanding shares while the percentage share held by institutions stands at 91.88%. But the -18.39% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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