Cincinnati Bell (CBB) Hits New 52-Week Low at $15.70
Shares of Cincinnati Bell Inc. (NYSE:CBB) reached a new 52-week low during trading on Tuesday . The stock traded as low as $15.70 and last traded at $15.72, with a volume of 211277 shares traded. The stock had previously closed at $16.00.
CBB has been the subject of several research reports. Morgan Stanley initiated coverage on shares of Cincinnati Bell in a research note on Thursday, November 30th. They set an “equal weight” rating and a $24.00 price objective for the company. ValuEngine cut shares of Cincinnati Bell from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd.
The firm has a market cap of $666.53, a P/E ratio of 158.00, a PEG ratio of 43.17 and a beta of 1.45. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of -4.26.
About Cincinnati Bell
Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments: Entertainment and Communications, and IT Services and Hardware. Through its Entertainment and Communications segment, the Company provides high-speed data, video and voice solutions to consumers and businesses over fiber network and a legacy copper network.
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