Shares of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL - Get Free Report) saw an uptick in trading volume on Tuesday . 2,631,641 shares were traded during trading, an increase of 365% from the previous session's volume of 565,620 shares.The stock last traded at $4.70 and had previously closed at $4.70.
Consolidated Communications Trading Down 0.4 %
The company has a market capitalization of $554.43 million, a price-to-earnings ratio of -2.28 and a beta of 0.98. The company has a debt-to-equity ratio of 10.13, a quick ratio of 0.76 and a current ratio of 0.76. The business's 50-day simple moving average is $4.65 and its 200-day simple moving average is $4.56.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Consolidated Communications in the third quarter valued at about $47,000. Quantinno Capital Management LP bought a new stake in shares of Consolidated Communications in the 3rd quarter valued at about $53,000. Quantbot Technologies LP acquired a new stake in shares of Consolidated Communications in the 3rd quarter valued at approximately $55,000. Rather & Kittrell Inc. acquired a new stake in shares of Consolidated Communications in the 2nd quarter valued at approximately $112,000. Finally, AQR Capital Management LLC boosted its stake in Consolidated Communications by 22.1% during the 2nd quarter. AQR Capital Management LLC now owns 28,017 shares of the utilities provider's stock worth $123,000 after acquiring an additional 5,074 shares during the last quarter. Institutional investors and hedge funds own 79.98% of the company's stock.
About Consolidated Communications
(
Get Free Report)
Consolidated Communications Holdings, Inc, together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet services, private line data services, software defined wide area network, and multi-protocol label switching services; networking services; cloud-based services; and data center and disaster recovery solutions.
See Also
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