In Thursday’s Wall Street session, CommScope Holding Company Inc (NASDAQ:COMM) shares traded at $8.19, up 5.68% from the previous session.
COMM stock price is now 52.57% away from the 50-day moving average and 52.13% away from the 200-day moving average. The market capitalization of the company currently stands at $1.77B.
With the price target maintained at $5, JP Morgan recently Upgraded its rating from Underweight to Neutral for CommScope Holding Company Inc (NASDAQ: COMM). , while ‘Morgan Stanley’ rates the stock as ‘Underweight’
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 $1.05 and a high of $7.83. The fifty day moving average price for COMM is $5.368 and a two-hundred day moving average price translates $5.3836 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. For the current quarter, analysts expect COMM to generate $1.27B in revenue.
