Altice USA Inc (NYSE:ATUS) shares, rose in value on Thursday, March 27, with the stock price down by -0.71% to the previous day’s close as strong demand from buyers drove the stock to $2.81.
Actively observing the price movement in the last trading, the stock closed the session at $2.83, falling within a range of $2.7644 and $2.845. The value of beta (5-year monthly) was 1.584. Referring to stock’s 52-week performance, its high was $3.20, and the low was $1.52. On the whole, ATUS has fluctuated by -3.10% over the past month.
With the market capitalization of Altice USA Inc currently standing at about $1.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.58B, with a low estimate of 2.13B and a high estimate of 2.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.16B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ATUS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of ATUS currently trading nearly 8.14% and 2.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.15, while the 7-day volatility ratio is showing 3.59% which for the 30-day chart, stands at 5.60%. Furthermore, Altice USA Inc (ATUS)’s beta value is 1.65, and its average true range (ATR) is 0.14.
A comparison of Altice USA Inc (ATUS) with its peers suggests the former has fared considerably weaker in the market. ATUS showed an intraday change of -0.71% in last session, and over the past year, it grew by 11.95%%.
Data on historical trading for Altice USA Inc (NYSE:ATUS) indicates that the trading volumes over the past 10 days have averaged 1.9 and over the past 3 months, they’ve averaged 2.89 million. According to company’s latest data on outstanding shares, there are 278.98 million shares outstanding.
Nearly 50.67% of Altice USA Inc’s shares belong to company insiders and institutional investors own 53.19% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.55 million shares as on 2025-03-14, resulting in a short ratio of 7.83. According to the data, the short interest in Altice USA Inc (ATUS) stood at 1392.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 21.38 million. The stock has risen by 16.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ATUS stock heading into the next quarter.
