Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $54.10 and last traded at $54.01, with a volume of 209980 shares trading hands. The stock had previously closed at $52.64.
Wall Street Analysts Forecast Growth
Separately, Redburn Atlantic lowered shares of Sunrise Communications from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold".
Read Our Latest Stock Analysis on SNRE
Sunrise Communications Stock Up 2.6 %
The firm has a 50 day moving average price of $47.69.
Sunrise Communications Announces Dividend
The company also recently announced a -- dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be issued a dividend of $3.7252 per share. The ex-dividend date is Friday, May 16th.
About Sunrise Communications
(
Get Free Report)
Sunrise Communications AG engages in the provision of telecommunications solutions. The firm offers mobile, broadband, TV, and fixed-line telephony services to residential customers. It also provides mobile and broadband services, as well as a range of value-added portfolio services, including cloud services, cybersecurity, and automation to business customers.
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