Cincinnati Bell Inc (CBB) Shares are Up 0.25%

Cincinnati Bell Inc (CBB) has been under a strong bear grip, hence the stock is down -3.93% 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 0.08% in the past 1 week. The stock has risen by 0.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.45% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.02% and the 50-Day Moving Average is 6.81%.The 200 Day SMA reached 4.6%


Cincinnati Bell Inc (NYSE:CBB): The stock opened in the green at $4.14 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $4.14 and a low of $4.03 for the day. The stock did not find buyers even at the lows and closed at $4.08 recording a loss of -0.49%. 1,083,728 shares exchanged hands during the trading day. The stock had closed at $4.08 in the previous days trading.

Cincinnati Bell Inc (CBB) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $5 and the lowest price target forecast is $3. The average forecast of all the analysts is $4.13 and the expected standard deviation is $1.24.

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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