Comtech Telecom Co (CMTL) A Look at Technical Overview

(NASDAQ:CMTL) in a research note issued to investors on Friday morning.

The share price of Comtech Telecommunications Corp. The company is expected to report its next quarterly earnings report on Wednesday, December 6th. The average volume for Comtech Telecommunications Corp.

Having a peek at growth estimates of the company, Comtech Telecom Co (NASDAQ:CMTL) has current quarter growth estimates of -54.5% however it has -96.4% estimations over growth for the next quarter. In the last earnings report the EPS was $0.50 and is estimated to be $0.41 for the current year with 23,570,000 shares outstanding. The firm had revenue of $147.80 million during the quarter, compared to analysts' expectations of $150.57 million. Next quarter's EPS is estimated at $0.01 with next year's EPS projected to be $0.65. The California-based Phocas Fincl has invested 0% in Comtech Telecomm. Corp.

10/16/2015 - Comtech Telecommunications Corp. had its "hold" rating reiterated by analysts at TheStreet. Noble Financial maintained the shares of CMTL in report on Friday, June 9 with "Buy" rating. Citigroup Inc. raised their price target on shares of Comtech Telecommunications Corp. from $15.00 to $18.00 and gave the company a neutral rating in a report on Friday, June 9th. Zacks upgraded the shares of CMTL in report on Monday, August 10 to "Sell" rating. The firm has "Hold" rating by Jefferies given on Wednesday, October 12. maintained the stock with "Neutral" rating in Monday, October 10 report. The stock has a 50-day moving average price of $19.22 and a 200 day moving average price of $16.68.

These firms have modified their investment in CMTL. Dimensional Fund Advisors LP raised its position in shares of Comtech Telecommunications 15.3% during the 1st quarter. Municipal Employees Retirement System of MI now owns 5,570 shares of the communications equipment provider's stock worth $106,000 after acquiring an additional 210 shares in the last quarter. Public Employees Retirement System of OH grew its stake in Comtech Telecommunications 12.3% in the 1st quarter. It is positive, as 8 investors sold Comtech Telecomm. Corp. shares while 29 reduced holdings. State Street Corp now owns 512,875 shares of the communications equipment provider's stock valued at $9,729,000 after purchasing an additional 26,374 shares in the last quarter. During the past three months the stock gain 8.22%, bringing six months performance to 39.28%. Pacific Ridge Capital Partners, LLC bolstered its holdings by buying 64,720 shares an increase of 27.7% as of 06/30/2017. As of the end of the quarter Two Sigma Advisers, Lp had sold 30,536 shares trimming its stake by 11.5%. The institutional investor held 297,993 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $5.65M, up from 233,273 at the end of the previous reported quarter. During current year the company's forecasts over growth are -38.8% while for the next year analysts' growth estimation is 109.8%. With an institutional ownership near 91%, it carries an earnings per share ratio of 0.5. If you are reading this story on another domain, it was illegally copied and republished in violation of global copyright and trademark laws. The correct version of this news story can be viewed at The day began at US$17.84 but the price moved to US$17.625 at one point during the trading and finally capitulating to a session high of US$21.2. (NASDAQ:CMTL) traded up 2.86% during trading on Monday, reaching $14.41. Overall, volume was up 948.90% over the stocks normal daily volume.

Comtech Telecommunications Corp. (NASDAQ:CMTL)'s stock has performed at 73.25%.

Based on a recent bid, its distance from 20 days simple moving average is -4.33%, and its distance from 50 days simple moving average is 0.27% while it has a distance of 25.65% from the 200 days simple moving average. The dividend payment was $0.100 per share for the quarter or $0.40 on an annualized basis. The ex-dividend date is Monday, April 17th. Its up 0.15, from 1.69 in 2017Q1. Comtech Telecommunications Corp.'s payout ratio is 59.70%.

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company operates through two segments: Commercial Solutions and Government Solutions. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies.

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