Market Insights: Shenandoah Telecommunications Co. (SHEN)’s Notable Drop of -6.87, Closing at 13.96

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Shenandoah Telecommunications Co.’s stock clocked out at $13.96, down -6.87% from its previous closing price of $14.99. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 0.51 million shares were traded. SHEN stock price reached its highest trading level at $14.86 during the session, while it also had its lowest trading level at $13.52.

Ratios:

To gain a deeper understanding of SHEN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.32.

On August 04, 2023, BWS Financial Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $20.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Koontz Richard L Jr bought 1,700 shares for $13.75 per share. The transaction valued at 23,375 led to the insider holds 52,734 shares of the business.

QUAGLIO KENNETH L bought 200 shares of SHEN for $2,800 on Aug 19 ’24. The Director now owns 21,196 shares after completing the transaction at $14.00 per share. On Aug 19 ’24, another insider, Lytle Glenn E Jr, who serves as the SVP Commercial Sales of the company, bought 500 shares for $14.00 each. As a result, the insider paid 7,000 and bolstered with 1,400 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHEN now has a Market Capitalization of 817455744 and an Enterprise Value of 1031788096. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 3.343 whereas that against EBITDA is 12.58.

Stock Price History:

Over the past 52 weeks, SHEN has reached a high of $25.51, while it has fallen to a 52-week low of $11.87. The 50-Day Moving Average of the stock is -17.68%, while the 200-Day Moving Average is calculated to be -22.88%.

Shares Statistics:

It appears that SHEN traded 199.96K shares on average per day over the past three months and 201700 shares per day over the past ten days. A total of 50.27M shares are outstanding, with a floating share count of 49.83M. Insiders hold about 8.69% of the company’s shares, while institutions hold 60.84% stake in the company. Shares short for SHEN as of 1723680000 were 1125081 with a Short Ratio of 5.63, compared to 1721001600 on 1087328. Therefore, it implies a Short% of Shares Outstanding of 1125081 and a Short% of Float of 2.87.

Dividends & Splits

With its trailing 12-month dividend rate of 0.09, SHEN has a forward annual dividend rate of 0.09. Against a Trailing Annual Dividend Yield of 0.006004003The stock’s 5-year Average Dividend Yield is 0.55.

Most Popular