One of the S&P 500’s big winners for Friday January 22 was American Tower Corp (New) (AMT) as the company’s stock climbed 3.39% to $93.07 on volume of 2.38 million shares.
The stock opened at $90.91 and saw an intraday low of $90.33 and an intraday high of $93.59. All told, the day saw a per-share gain of $3.05. The stock’s average daily volume of 2.06 million and 423.57 million shares outstanding. American Tower Corp (New) now has a 50-day SMA is $96.33 and 200-day SMA is $94.43, and it has a 52-week high of $104.12 and a 52-week low of $86.21.
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.
Based out of Boston, MA, American Tower Corp (New) has 2,974 employees and, after today’s trading, reached a market cap of $39.42 billion. The stock’s P/E Ratio is 66.7. Its P/S ratio is 10.92, P/B ratio is 5.96, and P/FCF ratio is -32.9.
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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