Charter Communications (CHTR) Shares Slide -3.53%

Charter Communications (CHTR) has risen sharply, recording gains of 1.11% in the past 4 weeks. However, the stock has corrected -3.53% in the past 1 week, providing a good buying opportunity on dips. Charter Communications (CHTR) : During the past 4 weeks, traders have been relatively bearish on Charter Communications (CHTR), hence the stock is down -2.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.47% relative to the S&P 500.

The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 2.79%. Charter Communications, Inc. is up 10.66% in the last 3-month period. Year-to-Date the stock performance stands at 28.27%.


Charter Communications (NASDAQ:CHTR): On Fridays trading session , Opening price of the stock was $238.55 with an intraday high of $238.8899. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $234.77. However, the stock managed to close at $234.87, a loss of 1.23% for the day. On the previous day, the stock had closed at $237.8. The total traded volume of the day was 1,008,086 shares.

Charter Communications, Inc. (Charter) is a provider of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. The Company sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network, the Company offers its customers traditional cable video services, as well as advanced video services, Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology, to transmit digital voice signals over the Companys systems.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.