In a filing, CommScope Holding Company Inc revealed its Officer Firouzbakht Farid acquired Company’s shares for reported $1.34 million on Mar 10 ’25. In the deal valued at $4.71 per share,284,244 shares were bought.
JP Morgan upgraded its CommScope Holding Company Inc [COMM] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early January from “a Mkt perform” to “an Underperform”. Morgan Stanley also remained covering COMM and has decreased its forecast on December 17, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. JP Morgan revised its rating on March 04, 2024. It rated COMM as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of COMM
On Monday, CommScope Holding Company Inc [NASDAQ:COMM] saw its stock fall -9.31% to $3.02. Over the last five days, the stock has lost -10.12%. CommScope Holding Company Inc shares have fallen nearly -42.03% since the year began. Nevertheless, the stocks have risen 205.02% over the past one year. While a 52-week high of $7.19 was reached on 02/27/25, a 52-week low of $0.86 was recorded on 04/21/25. SMA at 50 days reached $4.94, while 200 days put it at $4.74.
Levels Of Support And Resistance For COMM Stock
The 24-hour chart illustrates a support level at 2.87, which if violated will result in even more drops to 2.72. On the upside, there is a resistance level at 3.24. A further resistance level may holdings at 3.45. The Relative Strength Index (RSI) on the 14-day chart is 29.17, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.85%. Stochastics %K at 6.20% indicates the stock is a buying.
How much short interest is there in CommScope Holding Company Inc?
A steep rise in short interest was recorded in CommScope Holding Company Inc stocks on 2025-03-31, growing by 3.53 million shares to a total of 14.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.53 million shares. There was a rise of 25.1%, which implies that there is a positive sentiment for the stock.
