Last week, T-Mobile (TMUS) stock gained 2.5%. As of May 24, the stock had risen 5.9% month-to-date and 21.5% year-to-date. Meanwhile, Sprint (S) and AT&T (T) have risen ~23.0% and 13.1% year-to-date, respectively.
T-Mobile stock is trading 39.9% above its 52-week low of $55.23 and 4.5% below its 52-week high of $80.93. Analysts estimate that T-Mobile stock could rise ~6.9% over the next year. The company’s market cap is $66.0 billion.
Key technical levels
T-Mobile stock closed at $77.27 on May 24, 3.3% above its 20-day moving average of $74.83, 5.6% above its 50-day moving average of $73.20, and 8.3% above its 100-day moving average of $71.35. Its 14-day RSI (relative strength index) score of 61 implies investors are neutral toward the stock. On the downside, immediate support lies near $76.12, while $77.94 could act as immediate resistance. On May 24, T-Mobile’s 12-month forward PE and EV[1.enterprise value]-to-EBITDA ratios were 18.25x and 7.13x, respectively.