CommScope traded at $12.55 this Wednesday May 27th, decreasing $0.13 or 0.99 percent since the previous trading session. Looking back, over the last four weeks, CommScope lost 26.72 percent. Over the last 12 months, its price rose by 104.32 percent. Looking ahead, we forecast CommScope to be priced at 12.05 by the end of this quarter and at 11.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
CommScope Holding Company, Inc. is providing infrastructure solutions for communication and entertainment networks. Its segments include Broadband, Home, OWN, and VCN. Broadband segment combines its network cable and connectivity and Network and Cloud (N&C) businesses and provides an end-to-end product portfolio serving the telco and cable provider broadband market. Home segment is comprised of the former Consumer Premises Equipment business and offers broadband and video products. OWN segment brings together its RF products and integrated solutions businesses and focuses on the macro and metro cell wireless markets. VCN segment targets public and private networks for campuses, venues, data centers, and buildings and includes ruckus networks, enterprise and distributed coverage and capacity systems businesses. The VCN segment combines wireless fidelity and switching, distributed antenna systems, licensed and unlicensed small cells, and enterprise fiber and copper infrastructure.