Altice USA, Inc. (ATUS) Forms $18.50 Double Bottom; TRANSGLOBAL ASSETS (TMSH) Shorts Increased By 4040%

April 6, 2018 - By Danny Collins

Altice USA, Inc. (ATUS) formed double bottom with $16.84 target or 9.00% below today’s $18.50 share price. Altice USA, Inc. (ATUS) has $13.64B valuation. The stock decreased 1.12% or $0.21 during the last trading session, reaching $18.5. About 84,168 shares traded. Altice USA, Inc. (NYSE:ATUS) has 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

TRANSGLOBAL ASSETS INC (OTCMKTS:TMSH) had an increase of 4040% in short interest. TMSH’s SI was 20,700 shares in April as released by FINRA. Its up 4040% from 500 shares previously. It closed at $0.0028 lastly. It is down 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

TransGlobal Assets Inc., together with its subsidiaries, distributes motor vehicle fuel and tobacco products to retail outlets in the State of Oregon. The company has market cap of $297,463. The firm was formerly known as TimeShare Holdings Inc. and changed its name to TransGlobal Assets Inc. in March 2011. It currently has negative earnings.

Among 6 analysts covering Altice USA (NYSE:ATUS), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Altice USA has $38 highest and $25 lowest target. $31.25’s average target is 68.92% above currents $18.5 stock price. Altice USA had 7 analyst reports since June 23, 2017 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Tuesday, November 7. Guggenheim downgraded the shares of ATUS in report on Friday, September 15 to “Neutral” rating. Wells Fargo initiated the stock with “Market Perform” rating in Wednesday, July 26 report. As per Friday, June 23, the company rating was initiated by Pivotal Research. The company was upgraded on Friday, November 10 by Moffett Nathanson. The firm earned “Buy” rating on Wednesday, December 6 by Pivotal Research. RBC Capital Markets maintained it with “Outperform” rating and $35 target in Tuesday, November 14 report.

Analysts await Altice USA, Inc. (NYSE:ATUS) to report earnings on May, 22.

Altice USA, Inc. (NYSE:ATUS) Ratings Chart