• Return to Headlines

Recent 52-Week High Exceeded in Shares of Crown Castle Int (CCI)

By James Quinn

Crown Castle Int (NYSE:CCI) traded at a new 52-week high today of $146.54. So far today approximately 102,000 shares have been exchanged, as compared to an average 30-day volume of 2 million shares.

Based on a current price of $146.54, Crown Castle Int is currently 22.9% above its average consensus analyst price target of $112.93. The stock should find initial support at its 50-day moving average (MA) of $134.98 and further support at its 200-day MA of $123.15.

In the past 52 weeks, shares of Crown Castle Int have traded between a low of $103.21 and a high of $146.54 and are now at $146.54, which is 42% above that low price. The 200-day and 50-day moving averages have moved 0.59% higher and 0.59% higher over the past week, respectively.

Crown Castle International Corp. operates as a real estate investment trust. The Company owns, operates, and leases towers and other infrastructure for wireless communications. Crown Castle manages and offers wireless communication coverage and infrastructure sites in the United States and Australia.

SmarTrend recommended that subscribers consider buying shares of Crown Castle Int on August 1st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $134.52. Since that recommendation, shares of Crown Castle Int have risen 8.6%. We continue to monitor CCI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows crown castle int

Ticker(s): CCI