Cincinnati Bell Inc (CBB) : Traders are bullish on Cincinnati Bell Inc (CBB) as it has outperformed the S&P 500 by a wide margin of 7.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.28%, 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 1.21% in the last 1 week, and is up 11.11% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.44% and the 50-Day Moving Average is 15.38%. Cincinnati Bell Inc. is up 30.89% in the last 3-month period. Year-to-Date the stock performance stands at 38.89%.
Cincinnati Bell Inc (NYSE:CBB): stock turned positive on Friday. Though the stock opened at $4.89, the bulls momentum made the stock top out at $5.01 level for the day. The stock recorded a low of $4.87 and closed the trading day at $5, in the green by 1.83%. The total traded volume for the day was 1,035,699. The stock had closed at $4.91 in the previous days trading.
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.