Stock price performance of American Tower Corporation (REIT) is analyzed for various periods using several stock trading signals. The stock price have dropped -0.44% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -7.36% . Looking at the past 52 week period, the stock price is up at 18.47% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of American Tower Corporation (REIT) has a positive value of 3.23 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.06% and the 50-Day Moving Average is 0.73%.The 200 Day SMA reached 4.4%
American Tower Corporation is having a Relative Strength Index of 57.31 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of American Tower Corporation (REIT) (NYSE:AMT) rallied by 1.38% during the past week but lost 0.02% on a 4-week basis. The company has outperformed the S&P 500 by 1.26% in the past week but underperformed the index by 0.91% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Jan 12, 2017, James D Jr Taiclet (Chairman, President and CEO) sold 40,000 shares at 104.49 per share price.On Dec 14, 2016, Amit Sharma (EVP, Asia) sold 88,904 shares at 104.00 per share price.On Oct 26, 2016, Samme L Thompson (director) sold 2,202 shares at 116.13 per share price.
American Tower Corp Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $1.31. The company had revenue of $1514.84 million for the quarter, compared to analysts expectations of $1510.02 million. The companys revenue was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.31 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.American Tower Corp was Initiated by Guggenheim to Neutral on Dec 16, 2016. American Tower Corp was Initiated by Macquarie to Outperform on Dec 6, 2016.
American Tower Corporation (REIT) (NYSE:AMT) : On Friday heightened volatility was witnessed in American Tower Corporation (REIT) (NYSE:AMT) which led to swings in the share price. The stock opened for trading at $104.83 and hit $105.65 on the upside , eventually ending the session at $105.25, with a gain of 1.1% or 1.14 points. The heightened volatility saw the trading volume jump to 2,988,629 shares. The 52-week high of the share price is $118.26 and the company has a market cap of $44,933 million. The 52-week low of the share price is at $83.07 .
American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. The company operates a leading network of communications towers and is the largest independent operator of broadcast towers in North America. The company provides comprehensive network development services for wireless service providers and broadcasters. The company also operates a leading teleport business, which transmits Internet, voice, data and video communications worldwide.