Is Comtech Telecommunications Corp. (NASDAQ: CMTL) Still On The Rise?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Comtech Names Telecommunications and Public Safety Leader Jeff Robertson as President of Terrestrial & Wireless Networks Business Segment.

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Stocks Info

The company is listed on the NASDAQ and operates within the Communication Equipment industry segment. At the end of the last regular session, the stock closed at $3.51 and fluctuated between $3.5550 as its day high and $3.1700 as its day low. The current market capitalization of Comtech Telecommunications Corp. is $99.93M. A total of 1.28 million shares were traded on the day, compared to an average of 465.29K shares.

In the most recent transaction, Carpenter Wendi B. bought 1,000 shares of CMTL for 9.60 per share on Jun 26 ’23. After the transaction, the Director now owns 4,506 company shares. In a previous transaction on Jun 21 ’23, Quinlan Mark R. bought 100,000 shares at 8.89 per share. CMTL shares that Director owns now total 347,639.

Among the insiders who bought shares, Carpenter Wendi B. acquired of 1,000 shares on Jun 15 ’23 at a per-share price of $9.20. This resulted in the Director holding 3,500 shares of CMTL after the transaction. In another insider transaction, HEDDEN MARIA bought 2,233 shares at $8.95 per share on Jun 14 ’23. Company shares held by the Chief Operating Officer now total 7,247.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. CMTL’s most recent ex-dividend date was 1/17/2023 when it declared a $0.10 quarterly dividend that was paid in cash on 2/17/2023. Previously, the company paid the dividend on 11/18/2022 with an ex-dividend date of 10/18/2022. The CMTL stock dividend was $0.10 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CMTL has a high of $13.04 and a low of $3.06.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CMTL’s latest balance sheet shows that the firm has $30.86M in Cash & Short Term Investments as of fiscal 2021. There were $249.41M in debt and $203.56M in liabilities at the time. Its Book Value Per Share was $9.35, while its Total Shareholder’s Equity was $500.72M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CMTL is Buy with a score of 3.25.

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