One of the S&P 500’s big losers for Wednesday January 20 was American Tower Corp (New) (AMT). The company’s stock fell 2.51% to $88.63 on volume of 2.9 million shares.
The stock opened the day at 90.01 and traded between a low of $86.21 and a high of $90.18. The stock finished the day down $2.28 per share. American Tower Corp (New) has an average daily volume of 2.04 million and a total float of 423.57 million shares. The 50-day SMA for American Tower Corp (New) is $96.70 and its 200-day SMA is $94.49. The high for the stock over the last 52 weeks is $104.12 and the low is $86.83.
American Tower Corp is an owner, operator and developer of wireless and broadcast communications real estate. The Company's main business is leasing antenna space on multi-tenant communications sites to different providers.
American Tower Corp (New) is centered in Boston, MA, and has 2,974 employees. Today’s trading day leaves the company with a market cap of $37.54 billion. The company has a P/S ratio of n/a, P/B ratio of 5.67, and a -33.2.
For a complete fundamental analysis analysis of American Tower Corp (New), check out Equities.com’s Stock Valuation Analysis report for AMT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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