Company Shares of Cincinnati Bell Inc (NYSE:CBB) Rally 5.78%

Cincinnati Bell Inc (NYSE:CBB) : Traders are bullish on Cincinnati Bell Inc (NYSE:CBB) as it has outperformed the S&P 500 by a wide margin of 18.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.78% in the last 1 week, and is up 20.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 26.93% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $4.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $4.15 and the 200 Day Moving Average price is recorded at $3.68.

The stock has recorded a 20-day Moving Average of 10.4% and the 50-Day Moving Average is 18.93%.


Cincinnati Bell Inc (NYSE:CBB): stock turned positive on Friday. Though the stock opened at $4.6, the bulls momentum made the stock top out at $4.76 level for the day. The stock recorded a low of $4.585 and closed the trading day at $4.76, in the green by 4.39%. The total traded volume for the day was 685,488. The stock had closed at $4.56 in the previous days trading.

In an insider trading activity, Fox Leigh R., CFO of Cincinnati Bell Inc, executed a transaction worth $9,861 on February 22, 2016. A total of 3,212 shares were purchased at an average price of $3.07. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Cincinnati Bell Inc., along with its consolidated subsidiaries, is a provider of integrated communications solutions in the Greater Cincinnati area. The Company has operations within three segments: Wireline, IT Services and Hardware, and Wireless. The Wireline segment provides products and services, such as data transport, high-speed internet, entertainment, local voice, long distance, VoIP, and other services. The IT Services and Hardware segment provides managed IT solutions, including managed infrastructure services, IT and telephony equipment sales, and professional IT staffing services. Cincinnati Bell Wireless LLC provides digital wireless voice and data communications services through the operation of a Global System for Mobile Communications/General Packet Radio Service network with a 3G Universal Mobile Telecommunications System and 4G High Speed Packet Access+ network overlay, which is able to provide high-speed data services, such as streaming video.

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