Crown Castle International Corporation (CCI) : During the past 4 weeks, traders have been relatively bearish on Crown Castle International Corporation (CCI), hence the stock is down -8.14% 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 -1.26% relative to the S&P 500. The 4-week change in the price of the stock is -5.85% and the stock has fallen -0.83% in the past 1 week.
Crown Castle International Corporation (NYSE:CCI): The stock opened at $97.13 on Friday but the bulls could not build on the opening and the stock topped out at $97.16 for the day. The stock traded down to $95.98 during the day, due to lack of any buying support eventually closed down at $96.22 with a loss of -0.67% for the day. The stock had closed at $96.87 on the previous day. The total traded volume was 1,396,632 shares.
The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 0.15%. Crown Castle International Corp. is up 9.96% in the last 3-month period. Year-to-Date the stock performance stands at 13.54%.
Crown Castle International Corporation (CCI) : Currently there are 10 street experts covering Crown Castle International Corporation (CCI) stock. The most bullish and bearish price target for the stock is $110 and $93 respectively for the short term. The average price target of all the analysts comes to $103.4. The estimated standard deviation from the target is $5.25.
Crown Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company conducts its operations principally through subsidiaries of (CCOC), including certain subsidiaries, which operate its wireless infrastructure portfolios in the United States, including Puerto Rico (CCUSA).