Telephone and Data Systems (TDS) Shares are Up 1.01%

Telephone and Data Systems (TDS) has been under a strong bear grip, hence the stock is down -10.09% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.5% in the past 1 week. The stock has risen by 1.01% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.21% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.77% and the 50-Day Moving Average is 5.59%.The 200 Day SMA reached 2.11%. Telephone & Data Systems Inc. has dropped 1.83% during the last 3-month period . Year-to-Date the stock performance stands at 9.86%.


Telephone and Data Systems (NYSE:TDS): After opening at $28, the stock dipped to an intraday low of $27.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.23 and the buying power remained strong till the end. The stock closed at $28.14 for the day, a gain of 1.30% for the day session. The total traded volume was 347,441. The stocks close on the previous trading day was $27.78.

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company. The Company is engaged in providing telecommunications services. TDS conducts its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular). TDS provides Wireline services, cable services and hosted and managed services, through its wholly-owned subsidiary, TDS Telecommunications Corporation. U.S. Cellular offers a range of Wireless devices, such as handsets, modems, mobile hotspots, home phone and tablets for use by its customers. TDS Telecom operates in three segments: Wireline, which provides retail telecommunications services to residential and commercial customers; Cable, which provides colocation and managed services, and Hosted and Managed Services, which offers a suite of information technology (IT) solutions including cloud and hosting solutions, managed services, enterprise resource planning application management, professional services and IT hardware.

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