CommScope Holding Company (COMM) : The money flow analysis of CommScope Holding Company (COMM) indicates a $2.81 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $4.03 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.44 and so was the total money flow at $1.22 million. The bulls lapped up $0.68 million worth of block trades on upticks. The money flow was $0.68 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of CommScope Holding Company (COMM), pushing it down by -0.09% for the day. The stock slid $0.03 and traded at $31.56 during the day. Nonetheless, the stock is -1.07% over the previous weeks close.
CommScope Holding Company (COMM) : The consensus price target for CommScope Holding Company (COMM) is $34.33 for the short term with a standard deviation of $4.53. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $27.
CommScope Holding Company (NASDAQ:COMM): stock turned positive on Friday. Though the stock opened at $31.71, the bulls momentum made the stock top out at $31.78 level for the day. The stock recorded a low of $31.29 and closed the trading day at $31.63, in the green by 0.13%. The total traded volume for the day was 1,499,651. The stock had closed at $31.59 in the previous days trading.
In a related news, The director, of Commscope Holding Company, Inc., Drendel Frank M had unloaded 7,336 shares at $31.24 per share in a transaction on July 7, 2016. The total value of transaction was $229,177. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
CommScope Holding Company, Inc. is provider of connectivity and infrastructure solutions for wireless, business enterprise and residential broadband networks. The Company provides radio frequency (RF) solutions, connectivity and cabling platforms, data center and building infrastructure, and broadband access solutions. The Company operates through three segments: Wireless, Enterprise and Broadband. The Companys solutions, marketed primarily under the Andrew brand, enable wireless operators to deploy both macro cell sites and small cell distributed antenna systems (DAS) solutions to meet coverage and capacity requirements. The Companys enterprise connectivity solutions for data centers and commercial buildings comprises voice, video, data and converged solutions that support mission-critical applications. The Company provides cable and communications products that support the multichannel video, voice and data services provided by multi-system operators (MSOs).