Is it Time to Dump Crown Castle International Corp (CCI) Stock After it Is Higher By 2.50% in a Week?

Overall market sentiment has been high on Crown Castle International Corp (CCI) stock lately. CCI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Crown Castle International Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CCI!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CCI Stock Today?

Crown Castle International Corp (CCI) stock is higher by 1.42% while the S&P 500 has fallen -1.72% as of 2:03 PM on Friday, May 20. CCI is higher by $2.53 from the previous closing price of $178.38 on volume of 618,888 shares. Over the past year the S&P 500 is lower by -6.85% while CCI has fallen -0.52%. CCI earned $3.36 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 53.76. To see InvestorsObserver's Sentiment Score for Crown Castle International Corp click here.

More About Crown Castle International Corp

Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 80,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust. Click Here to get the full Stock Report for Crown Castle International Corp stock.