A new trading day began on Friday, with Consolidated Communications Holdings Inc (NASDAQ: CNSL) stock price down -0.43% from the previous day of trading, before settling in for the closing price of $4.68. CNSL’s price has ranged from $4.18 to $4.72 over the past 52 weeks.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -4.50%. Meanwhile, its annual earnings per share averaged -4.90%. With a float of $76.25 million, this company’s outstanding shares have now reached $118.48 million.
Let’s determine the extent of company efficiency that accounts for 3180 employees. In terms of profitability, gross margin is 28.73%, operating margin of -3.86%, and the pretax margin is -21.42%.
Consolidated Communications Holdings Inc (CNSL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Consolidated Communications Holdings Inc is 35.63%, while institutional ownership is 48.27%.
Consolidated Communications Holdings Inc (CNSL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.00% during the next five years compared to -28.91% drop over the previous five years of trading.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Trading Performance Indicators
Here are Consolidated Communications Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit -0.45 in the next quarter and is forecasted to reach -1.60 in one year’s time.
Technical Analysis of Consolidated Communications Holdings Inc (CNSL)
Looking closely at Consolidated Communications Holdings Inc (NASDAQ: CNSL), its last 5-days average volume was 2.98 million, which is a jump from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.02.
During the past 100 days, Consolidated Communications Holdings Inc’s (CNSL) raw stochastic average was set at 77.55%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.09% in the past 14 days, which was lower than the 4.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.65, while its 200-day Moving Average is $4.49. However, in the short run, Consolidated Communications Holdings Inc’s stock first resistance to watch stands at $4.68. Second resistance stands at $4.70. The third major resistance level sits at $4.71. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.64. Should the price break the second support level, the third support level stands at $4.62.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Key Stats
With a market capitalization of 549.70 million, the company has a total of 118,468K Shares Outstanding. Currently, annual sales are 1,110 M while annual income is -250,510 K. The company’s previous quarter sales were 271,090 K while its latest quarter income was -49,070 K.
