The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CommScope Holding Company Inc shares valued at $1,338,736 were purchased by Firouzbakht Farid on Mar 10 ’25. At $4.71 per share, Firouzbakht Farid acquired 284,244 shares.
As published in a research note from JP Morgan on January 14, 2025, CommScope Holding Company Inc [COMM] has been rated up from an Underweight to a Neutral and the price target has been revised to $5. Analysts at Raymond James downgraded the stock from ‘”a Mkt perform”‘ to ‘”an Underperform”‘ outlook in a report released in early January. As of December 17, 2024, Morgan Stanley has decreased its “an Equal-weight” rating to a “an Underweight” for COMM. Earlier on March 04, 2024, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for COMM stock which previously was a “a Neutral”.
Analyzing COMM Stock Performance
During the last five days, there has been a surge of approximately 10.47%. Over the course of the year, CommScope Holding Company Inc shares have dropped approximately -27.06%. Shares of the company reached a 52-week high of $6.61 on 02/27/25 and a 52-week low of $2.94 on 04/21/25. A 50-day SMA is recorded $4.85, while a 200-day SMA reached $4.77.
Support And Resistance Levels for CommScope Holding Company Inc (COMM)
According to the 24-hour chart, there is a support level at 3.64, which, if violated, would cause prices to drop to 3.49. In the upper region, resistance lies at 3.94. The next price resistance is at 4.09. RSI (Relative Strength Index) is 44.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 24.56%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
