American Tower Corp (New) (AMT) experienced unusually high volume on Jan. 15, as the stock lost 4.46% to a closing price of $88.10. The stock saw 3.57 million shares trade hands over the course of the day on 30,627 trades. Given that the stock’s average daily volume over the last month has been 2.06 million shares a day, this represents a pretty substantial spike over the norm.
American Tower Corp (New) has a P/B ratio of 5.64. It also has a P/E ratio of 68.3. The stock has traded between $104.12 and $86.83 over the last 52-weeks, its 50-day SMA is now $97.21, and its 200-day SMA $94.54.
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.
Headquartered in Boston, MA, American Tower Corp (New) has 2,974 employees and is currently under the leadership of CEO James D. Taiclet.
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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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