WideOpenWest, Inc. (NYSE:WOW)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.61 and last traded at $9.84, with a volume of 389500 shares trading hands. The stock had previously closed at $9.74.

Several equities analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $20.00 price objective on shares of WideOpenWest in a research report on Monday, September 18th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $18.00 price objective on shares of WideOpenWest in a research report on Tuesday, November 14th. Zacks Investment Research raised WideOpenWest from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Thursday, November 16th. Finally, UBS AG lowered their price objective on WideOpenWest from $21.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, November 14th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $18.25.

The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of -8.37.

WideOpenWest (NYSE:WOW) last released its quarterly earnings results on Monday, November 13th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.17. The firm had revenue of $297.80 million for the quarter, compared to the consensus estimate of $302.00 million. WideOpenWest’s revenue for the quarter was down 4.3% on a year-over-year basis. analysts forecast that WideOpenWest, Inc. will post 0.77 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Crestview Partners III GP L.P. bought a new position in WideOpenWest in the 2nd quarter worth $431,828,000. Goldman Sachs Group Inc. bought a new position in WideOpenWest in the 2nd quarter worth $33,180,000. TimesSquare Capital Management LLC bought a new position in WideOpenWest in the 2nd quarter worth $32,481,000. Vanguard Group Inc. bought a new position in WideOpenWest in the 2nd quarter worth $20,356,000. Finally, Schroder Investment Management Group bought a new position in WideOpenWest in the 2nd quarter worth $14,918,000. 51.83% of the stock is currently owned by hedge funds and other institutional investors.

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About WideOpenWest

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

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