Home Sectors Communication Services Current Trend: Cincinnati Bell (NYSE: CBB)

Current Trend: Cincinnati Bell (NYSE: CBB)

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Cincinnati Bell trades as part of the communication services industry and communication services sector. The company CEO is Leigh R. Fox. Cincinnati Bell Inc provides wireline and wireless telecommunication services. It also provides technology solutions such as offering information technology, data center management, and other services to enterprises.

Previous Intraday Trading Performance:

The CBB stock showed a previous change of -5.17% with an open at 5.84 and a close of 5.50. It reached an intraday high of 5.84 and a low of 5.46.

Business Wire:  CBTS Announces Cisco-Based “Cloud Calling” Solution

Liquidity:

The stock has a market cap of $277.0m with 50.4m shares outstanding, of which the float is 47.2m shares. Trading volume reached 466,454 shares compared to its average volume of 429,668 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Cincinnati Bell shares returned -14.06% and in the past 30 trading days it returned -36.85%. Over three months, it changed -39.29%. In one year it has changed -54.73% and within that year its 52-week high was 17.60 and its 52-week low was 5.46. CBB stock is 0.73% above its 52 Week Low.

Our calculations show a 200 day moving average of 10.53 and a 50 day moving average of 8.23. Currently CBB stock is trading -47.78% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  CBTS Announces Cisco-Based “Cloud Calling” Solution

Earnings:

The last annual fiscal EPS for the company was reported at -1.73 that ended on 31st of December 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is -0.21. The TTM EPS is -1.09.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/08/2019): -0.59
4thQtr of 2018 (Reported on 02/14/2019): -0.65
3rdQtr of 2018 (Reported on 11/08/2018): -0.41
2ndQtr of 2018 (Reported on 08/08/2018): -0.39
1stQtr of 2018 (Reported on 05/09/2018): -0.26

Indicators to Watch:

Short-interest was 5,324,245, which was 10.57% of shares outstanding. The short-interest ratio or days-to-cover ratio was 13.39. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.60.

SeekingAlpha:  CorVel reports Q4 results

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is -4.26%, profit margin is -6.09%, price-to-sales is 0.20 and.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 0  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 0  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.