T-Mobile US Inc (NASDAQ: TMUS) Stock Seems Like A Good Option

T-Mobile US Inc (NASDAQ:TMUS) shares, rose in value on Thursday, April 25, with the stock price down by -0.70% to the previous day’s close as strong demand from buyers drove the stock to $163.02.

Actively observing the price movement in the recent trading, the stock is buoying the session at $164.18. The PE ratio was 23.50 over 12-month period. Referring to stock’s 52-week performance, its high was $168.64, and the low was $124.92. On the whole, TMUS has fluctuated by 1.19% over the past month.

The company’s Forward Dividend Ratio is 1.30, with its dividend yield at 0.80%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 80.46B, with a low estimate of 19.27B and a high estimate of 20.59B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 19.81B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TMUS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0.92, with the price of TMUS currently trading nearly 0.89% and 0.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.36, while the 7-day volatility ratio is showing 1.18% which for the 30-day chart, stands at 1.11%. Furthermore, T-Mobile US Inc (TMUS)’s beta value is 0.48, and its average true range (ATR) is 1.99.

A comparison of T-Mobile US Inc (TMUS) with its peers suggests the former has fared considerably weaker in the market. TMUS showed an intraday change of -0.70% in today’s session so far, and over the past year, it grew by 10.15%%.

Data on historical trading for T-Mobile US Inc (NASDAQ:TMUS) indicates that the trading volumes over the past 3 months, they’ve averaged 4.47 million. According to company’s latest data on outstanding shares, there are 1.20 billion shares outstanding.

Nearly 62.79% of T-Mobile US Inc’s shares belong to company insiders and institutional investors own 38.29% of the company’s shares. The stock has risen by 1.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TMUS stock heading into the next quarter.

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