Equities researchers at StockNews.com began coverage on shares of Consolidated Communications (NASDAQ:CNSL – Get Free Report) in a research report issued on Tuesday. The firm set a “sell” rating on the utilities provider’s stock.
Consolidated Communications Stock Performance
CNSL opened at $4.35 on Tuesday. Consolidated Communications has a twelve month low of $2.93 and a twelve month high of $4.65. The company has a 50-day simple moving average of $4.33 and a 200 day simple moving average of $4.35. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 6.09. The stock has a market capitalization of $515.17 million, a price-to-earnings ratio of -1.68 and a beta of 1.07.
Consolidated Communications (NASDAQ:CNSL – Get Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The utilities provider reported ($0.28) earnings per share for the quarter. Consolidated Communications had a negative return on equity of 19.47% and a negative net margin of 22.42%. The firm had revenue of $274.68 million for the quarter.
Institutional Inflows and Outflows
About Consolidated Communications
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.
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