Crown Castle International Corporation (CCI) has been under a strong bear grip, hence the stock is down -3.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.54% in the past 1 week. The 4-week change in the price of the stock is -3.89% and the stock has fallen -0.12% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.42% and the fifty day Moving Average is 4.19%. Crown Castle International Corp. is up 3.69% in the last three month period. Year-to-Date the stock performance stands at 10.05%.
Crown Castle International Corporation (CCI) : Currently there are 9 street experts covering Crown Castle International Corporation (CCI) stock. The most bullish and bearish price target for the stock is $110 and $99 respectively for the short term. The average price target of all the analysts comes to $104.56. The estimated standard deviation from the target is $4.
Crown Castle International Corporation (NYSE:CCI): On Fridays trading session , Opening price of the stock was $94.61 with an intraday high of $94.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $92.97. However, the stock managed to close at $93.26, a loss of 1.30% for the day. On the previous day, the stock had closed at $94.49. The total traded volume of the day was 2,113,652 shares.
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).