On Monday, T-Mobile stock fell 10.4% and closed at $76.53. At the closing price, the company’s market cap was $65.6 billion. The stock was trading 24.5% below its 52-week high of $101.35 and 12.3% above its 52-week low of $68.16. T-Mobile stock has fallen 2.4% YTD (year-to-date) as of Monday. In comparison, AT&T (NYSE:T) and Sprint have returned -18.6% and 48.4% YTD, respectively.
As of Monday, 82% or 18 out of 22 analysts recommend T-Mobile stock as a “buy,” while four recommend a “hold.” None of the analysts recommend a “sell” on the stock. The average 12-month target price of $99.21 indicates a 30% potential upside in T-Mobile stock.
On Monday, T-Mobile stock was trading 15.4% below its 20-day moving average of $90.42. Meanwhile, the stock is trading 10.9% below its 50-day moving average of $85.88 and 6.9% below its 100-day moving average of $82.23. T-Mobile’s 14-day relative strength index score of 40 shows that the stock is approaching the “oversold” zone.
T-Mobile’s upper, middle, and lower Bollinger Bands are $104.53, $90.42, and $76.32, respectively. The stock closed near the lower Bollinger Band on Monday, which indicates that it’s oversold.
View more information: https://marketrealist.com/2020/03/t-mobile-and-sprint-merger-deal-nears-completion/