Trade-Ideas LLC identified

Crown Castle International

(

CCI

) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Crown Castle International as such a stock due to the following factors:

  • CCI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $284.4 million.
  • CCI has traded 223,950 shares today.
  • CCI is trading at 2.35 times the normal volume for the stock at this time of day.
  • CCI is trading at a new high 3.01% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on CCI:

TheStreet Recommends

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The stock currently has a dividend yield of 4.4%. CCI has a PE ratio of 53. Currently there are 6 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Crown Castle International has been 2.2 million shares per day over the past 30 days. Crown Castle International has a market cap of $27.9 billion and is part of the technology sector and telecommunications industry. The stock has a beta of 0.30 and a short float of 2.9% with 2.77 days to cover. Shares are down 3.3% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Crown Castle International as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from the ratings report include:

  • CROWN CASTLE INTL CORP has improved earnings per share by 7.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, CROWN CASTLE INTL CORP increased its bottom line by earning $0.96 versus $0.28 in the prior year. This year, the market expects an improvement in earnings ($4.35 versus $0.96).
  • Despite its growing revenue, the company underperformed as compared with the industry average of 6.1%. Since the same quarter one year prior, revenues slightly increased by 2.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The gross profit margin for CROWN CASTLE INTL CORP is rather high; currently it is at 63.64%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, CCI's net profit margin of 11.30% significantly trails the industry average.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, CROWN CASTLE INTL CORP's return on equity is below that of both the industry average and the S&P 500.
  • The change in net income from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Real Estate Investment Trusts (REITs) industry average. The net income has decreased by 3.0% when compared to the same quarter one year ago, dropping from $106.94 million to $103.78 million.

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