|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||65.24 - 66.00|
|52 Week Range||50.79 - 70.33|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.30|
|Expense Ratio (net)||0.95%|
LITTLETON, Colo. , July 12, 2018 /PRNewswire/ -- Ur-Energy Inc. (NYSE American:URG, TSX:URE) (the "Company" or "Ur-Energy") is pleased to provide the following operational results ...
American Tower (AMT) deployed $600 million of capital in 3Q17, bringing its year-to-date amount to $3.6 billion. It spent $488 million on discretionary capex (capital expenditure) for construction and an increase in capacity for its existing sites and acquire land. It spent $90 million in the form of non-discretionary capex.
During 3Q17, American Tower (AMT) strengthened its revenues on higher organic growth in domestic and international markets such as India and Mexico. REITs are heavily dependent on debt for their routine activities, so they need to maintain a strong balance sheet. AMT’s debt-to-equity ratio stands at 2.96x, which is much higher than the industry average of 1.03x.
American Tower (AMT) stated in its 3Q17 earnings call, “According to Cisco, the average U.S. smartphone now consumes more than 4.4 gigabits of data per month, a 33% increase from just one year ago.” The increase is mainly due to video consumption, which has increased due to unlimited data plans offered by all major US wireless carriers. Data usage is also increasing in international markets due to smartphone penetration. Data usage is expected on average to increase 50% by 2021 in Mexico, India, Brazil, South Africa, and Nigeria.