News Spotlight: Charter Communications (NASDAQ: CHTR)

Charter Communications (NASDAQ: CHTR) stock observed trading 1.13% off 52-week high price. On the other end, the stock has been noted 49.95% away from low price over the last 52-weeks. The stock disclosed a move of 5.78% away from 50 day moving average and 19.51% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.07% off 20-day moving average. It has market cap of $90738.6M .

Charter Communications, Inc. (NASDAQ: CHTR) disclosed that its subsidiaries, Charter Communications Operating, LLC (“CCO”) and Charter Communications Operating Capital Corp. (collectively, the “Issuers”), have closed on $1.25 billion in aggregate principal amount of senior secured notes due 2049 (the “Notes”). The Notes bear interest at a rate of 5.125% per annum and were issued at a price of 99.880% of the aggregate principal amount.

The Notes were issued pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”).

This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.

The USA based company Charter Communications moved with change of 1.49% to $407.21 with the total traded volume of 1335836 shares in recent session versus to an average volume of 913.79K. The stock was observed in the 5 days activity at 2.14%. The one month performance of stock was 2.98%. CHTR’s shares are at 14.85% for the quarter and driving a 32.12% return over the course of the past year and is now at 42.90% since this point in 2018.  Right now the stock beta is 1.24. The average volatility for the week and month was at 1.28% and 1.48% respectively. There are 222.83M shares outstanding and 161.9M shares are floated in market.

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David Delorenzo

David is an author, journalist and has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. David has always been interested in the stock market and how it behaves.As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.Address: 4570 Barrington Court, Joiner, ArkansasPhone number: 870-537-3633Email: [email protected] 

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