Comcast Corp (NASDAQ:CMCSA) shares, rose in value, with the stock price up by 0.72% to the previous day’s close as strong demand from buyers drove the stock to $35.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $35.56. The PE ratio was 8.64 over 12-month period. Referring to stock’s 52-week performance, its high was $45.31, and the low was $32.50. On the whole, CMCSA has fluctuated by 6.75% over the past month.
With the market capitalization of Comcast Corp currently standing at about $135.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.24, with its dividend yield at 3.46%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CMCSA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.27, with the price of CMCSA currently trading nearly 0.74% and -1.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.60, while the 7-day volatility ratio is showing 1.87% which for the 30-day chart, stands at 1.99%. Furthermore, Comcast Corp (CMCSA)’s beta value is 0.99, and its average true range (ATR) is 0.75.
A comparison of Comcast Corp (CMCSA) with its peers suggests the former has fared considerably weaker in the market. CMCSA showed an intraday change of 0.72% in today’s session so far, and over the past year, it shrunk by -14.42%%.
Data on historical trading for Comcast Corp (NASDAQ:CMCSA) indicates that the trading volumes over the past 3 months, they’ve averaged 25.68 million. According to company’s latest data on outstanding shares, there are 3.78 billion shares outstanding.
Nearly 0.97% of Comcast Corp’s shares belong to company insiders and institutional investors own 85.83% of the company’s shares. The stock has fallen by -4.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CMCSA stock heading into the next quarter.
