United States Cellular Co. (NYSE:USM – Get Free Report) shares traded up 7.4% on Monday . The stock traded as high as $37.06 and last traded at $36.63. 55,321 shares traded hands during trading, a decline of 74% from the average session volume of 215,230 shares. The stock had previously closed at $34.10.
United States Cellular Trading Up 1.1 %
The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 53.72 and a beta of 0.45. The firm’s 50 day moving average is $35.60 and its two-hundred day moving average is $39.63. The company has a quick ratio of 1.33, a current ratio of 1.55 and a debt-to-equity ratio of 0.66.
United States Cellular (NYSE:USM – Get Free Report) last issued its earnings results on Friday, May 3rd. The Wireless communications provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06). United States Cellular had a return on equity of 1.30% and a net margin of 1.55%. The business had revenue of $950.00 million for the quarter, compared to the consensus estimate of $957.75 million. During the same quarter in the previous year, the business posted $0.15 earnings per share. The company’s quarterly revenue was down 3.7% on a year-over-year basis. Equities analysts anticipate that United States Cellular Co. will post 0.74 EPS for the current year.
Hedge Funds Weigh In On United States Cellular
United States Cellular Company Profile
United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products.
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