CommScope Holding Company Inc (NASDAQ:COMM) price on Thursday, May 01, rose 21.66% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.55.
A look at the stock’s price movement, the close in the last trading session was $3.74, moving within a range at $4.21 and $4.73. The beta value (5-Year monthly) was 1.99. Turning to its 52-week performance, $7.19 and $0.86 were the 52-week high and 52-week low respectively. Overall, COMM moved -15.27% over the past month.
CommScope Holding Company Inc’s market cap currently stands at around $985.35 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Turning to the stock’s technical picture we see that short term indicators suggest on average that COMM is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 1 recommend COMM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
COMM’s current price about 24.40% and -3.91% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.06, while 7-day volatility ratio is 6.88% and 11.58% in the 30-day chart. Further, CommScope Holding Company Inc (COMM) has a beta value of 2.07, and an average true range (ATR) of 0.42. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is -53.85% off current price level while to achieve the yearly target high, price needs to move -53.85%. Nonetheless, investors will most likely welcome a -53.85% jump to $7 which is the analysts’ median price.
If we refocus on CommScope Holding Company Inc (NASDAQ:COMM), historical trading data shows that trading volumes averaged 5.58 over the past 10 days and 5.60 million over the past 3 months. The company’s latest data on shares outstanding shows there are 215.89 million shares.
The 4.30% of CommScope Holding Company Inc’s shares are in the hands of company insiders while institutional holders own 86.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.99 million on 2025-04-15, giving us a short ratio of 2.1. The data shows that as of 2025-04-15 short interest in CommScope Holding Company Inc (COMM) stood at 739.0 of shares outstanding, with shares short rising to 11.07 million registered in 2025-03-14. Current price change has pushed the stock -12.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the COMM stock continues to rise going into the next quarter.
