Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN) – Stock analysts at B. Riley lowered their FY2018 earnings per share (EPS) estimates for Fusion Telecommunications International, Inc. common stock in a research note issued to investors on Wednesday, August 15th. B. Riley analyst J. Nichols now anticipates that the Wireless communications provider will post earnings of ($0.51) per share for the year, down from their prior estimate of ($0.48).

A number of other brokerages have also weighed in on FSNN. ValuEngine raised Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Zacks Investment Research raised Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research report on Tuesday, July 17th. BidaskClub raised Fusion Telecommunications International, Inc. common stock from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 26th. Finally, Dawson James initiated coverage on Fusion Telecommunications International, Inc. common stock in a research report on Tuesday, July 10th. They set a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Fusion Telecommunications International, Inc. common stock currently has a consensus rating of “Buy” and an average price target of $5.00.

Shares of NASDAQ:FSNN opened at $3.84 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 2.40. Fusion Telecommunications International, Inc. common stock has a twelve month low of $1.79 and a twelve month high of $6.63. The company has a market cap of $336.42 million, a PE ratio of -3.52 and a beta of 1.51.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Amtrust Financial Services Inc. purchased a new stake in Fusion Telecommunications International, Inc. common stock in the 1st quarter valued at $103,000. Hood River Capital Management LLC purchased a new stake in Fusion Telecommunications International, Inc. common stock in the 1st quarter valued at $1,974,000. Northern Trust Corp raised its position in Fusion Telecommunications International, Inc. common stock by 83.9% in the 1st quarter. Northern Trust Corp now owns 76,446 shares of the Wireless communications provider’s stock valued at $247,000 after buying an additional 34,880 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Fusion Telecommunications International, Inc. common stock by 673.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 108,195 shares of the Wireless communications provider’s stock valued at $349,000 after buying an additional 94,204 shares during the last quarter. Finally, KEMPER Corp purchased a new stake in Fusion Telecommunications International, Inc. common stock in the 2nd quarter valued at $357,000. 28.83% of the stock is owned by institutional investors and hedge funds.

In other news, Chairman Matthew D. Rosen bought 10,000 shares of the stock in a transaction dated Friday, June 1st. The shares were bought at an average cost of $3.80 per share, with a total value of $38,000.00. Following the completion of the transaction, the chairman now directly owns 102,520 shares of the company’s stock, valued at $389,576. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 19.10% of the stock is owned by corporate insiders.

Fusion Telecommunications International, Inc. common stock Company Profile

Fusion Connect, Inc provides integrated cloud solutions to small, medium, and large businesses. Its proprietary service platform enables the integration of solutions in the cloud, including cloud voice and unified communications, contact center, cloud connectivity, and cloud computing, as well as additional cloud services, such as storage and security.

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Earnings History and Estimates for Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN)

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