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Comtech Telecommunications (CMTL) Experiences a 27.40% Price Jump on October 13th

Comtech Telecommunications (CMTL) witnessed a remarkable surge on October 13th, with its stock price increasing by a substantial 27.40%, or $2.23, compared to the previous day's closing.

by Surya

Updated Oct 14, 2023

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Comtech Telecommunications (CMTL) Experiences a 27.40% Price Jump on October 13th

Comtech Telecommunications (CMTL) Experiences a 27.40% Price Jump

Comtech Telecommunications

NASDAQ: CMTL

October 13th, 2023: 10.37

+2.23 (27.40%)

On October 13th, 2023, Comtech Telecommunications (NASDAQ: CMTL) experienced a remarkable uptick in its stock value, closing at $10.37. This represented a substantial 27.40% or +$2.23 increase when compared to the previous day's closing price of $8.14. The stock exhibited intraday fluctuations, with a trading range that saw it dip to $9.65 and rise to a high of $10.90. After the regular trading hours, CMTL continued its positive momentum, reaching $10.63 in after-hours trading, reflecting a 2.51% gain.

In terms of its performance over the past 52 weeks, CMTL had reached a high of $16.87 and a low of $7.91, illustrating fluctuations in its value during this period. The company's market capitalization was reported at $289.16M USD, and it offered investors a dividend yield of 3.86%. October 13th marked a particularly notable day for CMTL as its stock value surged significantly, surpassing the prior day's closing price, and showcasing considerable volatility throughout the trading session.

Comtech Telecommunications (CMTL) on October 13, 2023:

  • Closing Price: $10.37
  • Change Compared to Previous Day:  +2.23 (27.40%)
  • Trading Range (Low to High): $9.65 - $10.90
  • After-Hours Price: $10.63 (2.51% gain)
  • 52-Week High: $16.87
  • 52-Week Low: $7.91
  • Market Capitalization: $289.16M USD
  • Dividend Yield: 3.86%

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