The stock of CommScope Holding Company Inc (NASDAQ:COMM) last traded at $7.93, up 1.54% from the previous session.
COMM stock price is now 29.62% away from the 50-day moving average and 44.15% away from the 200-day moving average. The market capitalization of the company currently stands at $1.72B.
On January 14, 2025, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $5, while ‘Raymond James’ rates the stock as ‘Underperform’
In other news, Firouzbakht Farid, Officer bought 284,244 shares of the company’s stock on Mar 10 ’25. The stock was bought for $1,338,736 at an average price of $4.71. A total of 6.86% of the company’s stock is owned by insiders.
During the past 12 months, CommScope Holding Company Inc has had a low of $1.15 and a high of $8.67. The fifty day moving average price for COMM is $6.1178 and a two-hundred day moving average price translates $5.50125 for the stock.
The latest earnings results from CommScope Holding Company Inc (NASDAQ: COMM) was released for 2025-03-31. The company reported revenue of $1.11 billion for the quarter, compared to $900.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.45 percent.
