Charter Communications (CHTR) : During the past 4 weeks, traders have been relatively bearish on Charter Communications (CHTR), hence the stock is down -3.41% 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 -0.46% relative to the S&P 500. The 4-week change in the price of the stock is -1% and the stock has fallen -0.03% in the past 1 week.
Charter Communications (NASDAQ:CHTR): The stock opened at $238.01 on Friday but the bulls could not build on the opening and the stock topped out at $238.44 for the day. The stock traded down to $234.41 during the day, due to lack of any buying support eventually closed down at $234.79 with a loss of -0.93% for the day. The stock had closed at $236.99 on the previous day. The total traded volume was 917,076 shares.
The stock has recorded a 20-day Moving Average of 1.11% and the 50-Day Moving Average is 2.4%. Charter Communications, Inc. is up 10.27% in the last 3-month period. Year-to-Date the stock performance stands at 28.23%.
Charter Communications (CHTR) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $300 and the lowest price target forecast is $230. The average forecast of all the analysts is $267.93 and the expected standard deviation is $25.34.
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.