Comcast Corporations in-depth stock price analysis indicates that the stock price has rallied 9.96% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.72% . Looking at the past 52 week period, the stock price is up at 32.35% . 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 Comcast Corporation has a positive value of 13.05 compared to overall market. Comcast Corporation (NASDAQ:CMCSA) has tumbled 0.15% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.27% in the last four weeks. The stocks have underperformed the S&P 500 by 0.95% during the past week but Comcast Corporation (NASDAQ:CMCSA) it has outperformed the index in 4 weeks by 1.42%.
Comcast Corporation (NASDAQ:CMCSA) : On Friday heightened volatility was witnessed in Comcast Corporation (NASDAQ:CMCSA) which led to swings in the share price. The stock opened for trading at $74.99 and hit $75.28 on the upside , eventually ending the session at $75.15, with a gain of 0.16% or 0.12 points. The heightened volatility saw the trading volume jump to 6,342,052 shares. The 52-week high of the share price is $76.87 and the company has a market cap of $178,541 million. The 52-week low of the share price is at $54.7 .
Comcast Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.87. The company had revenue of $21025.00 million for the quarter, compared to analysts expectations of $20671.44 million. The companys revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 31, 2017 to Outperform, Raises Price Target to $ 80 from a previous price target of $72 .Comcast Corporation was Downgraded by Pacific Crest to Sector Weight on Jan 27, 2017. Company shares were Reiterated by Pivotal Research Group on Jan 26, 2017 to Buy, Raises Price Target to $ 95 from a previous price target of $90 .Company shares were Reiterated by Telsey Advisory Group on Jan 24, 2017 to Outperform, Raises Price Target to $ 84 from a previous price target of $76 .Comcast Corporation was Initiated by HSBC Securities to Buy on Jan 19, 2017.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Neil Smit (Sr. EVP) sold 39,730 shares at 75.28 per share price.On Dec 28, 2016, Arthur R Block (EVP, GC and Secretary) sold 1,680 shares at 70.80 per share price.On Dec 14, 2016, Kenneth J Bacon (director) sold 2,500 shares at 70.05 per share price.
Comcast Corp., among the worlds leading communication companies, provides basic cable, digital cable and high speed internet services that connect people to whats important in their lives. They are in the process of deploying digital video applications and high-speed Internet access service to expand the products available on their cable communications networks.