Comtech Telecommunications Corp (NASDAQ:CMTL) shares, rose in value on Friday, June 20, with the stock price up by 7.73% to the previous day’s close as strong demand from buyers drove the stock to $2.23.
Actively observing the price movement in the last trading, the stock closed the session at $2.07, falling within a range of $2.0497 and $2.38. The value of beta (5-year monthly) was 1.187. Referring to stock’s 52-week performance, its high was $5.16, and the low was $1.19. On the whole, CMTL has fluctuated by 10.40% over the past month.
With the market capitalization of Comtech Telecommunications Corp currently standing at about $65.55 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 486.58M, with a low estimate of 115M and a high estimate of 119.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 117.45M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CMTL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of CMTL currently trading nearly 3.16% and 26.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.32, while the 7-day volatility ratio is showing 3.94% which for the 30-day chart, stands at 7.00%. Furthermore, Comtech Telecommunications Corp (CMTL)’s beta value is 1.19, and its average true range (ATR) is 0.22.
A comparison of Comtech Telecommunications Corp (CMTL) with its peers suggests the former has fared considerably weaker in the market. CMTL showed an intraday change of 7.73% in last session, and over the past year, it grew by 2.76%%.
Data on historical trading for Comtech Telecommunications Corp (NASDAQ:CMTL) indicates that the trading volumes over the past 10 days have averaged 0.56 and over the past 3 months, they’ve averaged 246.25K. According to company’s latest data on outstanding shares, there are 29.36 million shares outstanding.
Nearly 10.23% of Comtech Telecommunications Corp’s shares belong to company insiders and institutional investors own 40.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.17 million shares as on 2025-05-30, resulting in a short ratio of 5.68. According to the data, the short interest in Comtech Telecommunications Corp (CMTL) stood at 406.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.61 million. The stock has fallen by -44.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CMTL stock heading into the next quarter.
