Shares of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.51 and traded as high as $4.65. Consolidated Communications shares last traded at $4.63, with a volume of 576,356 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on Consolidated Communications in a research report on Saturday, July 27th. They issued a "sell" rating for the company.
Read Our Latest Report on CNSL
Consolidated Communications Stock Down 0.2 %
The company has a debt-to-equity ratio of 10.13, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $547.33 million, a PE ratio of -2.26 and a beta of 0.98. The business's 50 day moving average price is $4.63 and its 200 day moving average price is $4.51.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Innealta Capital LLC acquired a new stake in shares of Consolidated Communications in the 1st quarter valued at $53,000. Quantinno Capital Management LP bought a new stake in Consolidated Communications during the third quarter worth $53,000. Quantbot Technologies LP purchased a new stake in Consolidated Communications during the 3rd quarter worth about $55,000. Gamco Investors INC. ET AL bought a new position in Consolidated Communications during the 1st quarter worth approximately $110,000. Finally, Rather & Kittrell Inc. purchased a new position in Consolidated Communications during the second quarter valued at $112,000. 79.98% of the stock is currently owned by institutional investors.
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.
Further Reading
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