Zayo Group Holdings (ZAYO) has risen sharply, recording gains of 1.22% in the past 4 weeks. However, the stock has corrected -4.78% in the past 1 week, providing a good buying opportunity on dips. Zayo Group Holdings (ZAYO) : During the past 4 weeks, traders have been relatively bearish on Zayo Group Holdings (ZAYO), hence the stock is down -2.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.72% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 1.07% and the 50-Day Moving Average is 1.27%. Zayo Group Holdings, Inc. is up 9.01% in the last 3-month period. Year-to-Date the stock performance stands at 6.43%.
Zayo Group Holdings (NYSE:ZAYO): On Fridays trading session , Opening price of the stock was $28.47 with an intraday high of $28.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.25. However, the stock managed to close at $28.3, a loss of 0.63% for the day. On the previous day, the stock had closed at $28.48. The total traded volume of the day was 1,232,051 shares.
Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Companys products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. Its products and services include physical infrastructure, and cloud and connectivity. It operates through three segments: Physical Infrastructure, Cloud and Connectivity, and Other. Its bandwidth infrastructure assets consist of fiber networks, the optronic equipment used to provide its lit services over its fiber networks, and its datacenters where it provides colocation and interconnection services. The Company, through metro fiber networks, provides bandwidth infrastructure services within the metro markets that it serves. The Company, through regional fiber networks, provides bandwidth infrastructure services between the metro markets that it serves.