COMM - コムスコ―プ・ホ―ルディング （CommScope Holding Company Inc.）

SUZHOU, China--(BUSINESS WIRE)--In June 2021, Rosenberger Technologies, a member of the Germany-headquartered Rosenberger Group, filed a patent lawsuit in Suzhou, China against CommScope entities located in China and United States for infringement of multiple Rosenberger technology patents concerning base station antenna design. Based on evidence Rosenberger submitted of infringement, on July 8, 2021, the Court ordered a search of CommScopes research, development, and production facilities to

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Dublin, July 23, 2021 (GLOBE NEWSWIRE) -- The "Global and China IDC (Internet Data Center) Market Insight Report, 2021-2025" report has been added to ResearchAndMarkets.com''s offering. With a prosperous outlook for new technologies such as artificial intelligence (AI), big data and cloud computing, which are continually driving the digital transformation of modern businesses, we see a clear trend of data explosion ahead, together with the 5G ongoing deployment. According to Cisco Visual Networking Index, the global IP traffic should reach 396EB/month in 2022E compared to 122EB/month in 2017, recording a 27% CAGR. Meanwhile, the cloud market should continue its strong growing momentum with a clear path of cloud migration. The global cloud market size should reach USD364bn by 2022E, representing a 15% CAGR (according to Gartner) while the China cloud market should see a better growth rate and reach CNY375bn in 2023E, recording a 30% CAGR, according to CAICT. Therefore, we see the strong growth trend of data traffic and promising cloud business outlook pave the way for solid demand growth of IDC (internet data centers) business in the foreseeable future, considering IDC is the fundamental and critical support industry for all of the above.

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CommScope Holding Company Inc (COMM) shares closed today at 1.6% below its 52 week high of $18.71, giving the company a market cap of $3B. The stock is currently up 37.4% year-to-date, up 109.7% over the past 12 months, and down 38.0% over the past five years. This week, the Dow Jones Industrial Average fell 1.0%, and the S&P 500 fell 1.3%. Trading Activity Trading volume this week was 44.8% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 186.3% The company's stock price performance over the past 12 months beats the peer average by 34.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

CommScope Holding Company Inc (COMM) shares closed today at 1.4% below its 52 week high of $18.65, giving the company a market cap of $3B. The stock is currently up 37.2% year-to-date, up 66.8% over the past 12 months, and down 37.8% over the past five years. This week, the Dow Jones Industrial Average rose 2.6%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 62.4% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 7.6% higher than its 5-day moving average, 9.3% higher than its 20-day moving average, and 19.4% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 128.4% The company's stock price performance over the past 12 months lags the peer average by -15.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.