In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $4.25 in the prior trading day, Consolidated Communications Holdings Inc (NASDAQ: CNSL) closed at $4.24, down -0.24%. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 0.94 million shares were traded. CNSL stock price reached its highest trading level at $4.26 during the session, while it also had its lowest trading level at $4.205.
Ratios:
Our goal is to gain a better understanding of CNSL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 2.83 whereas as Long-Term Debt/Eq ratio is at 2.80.
On March 08, 2022, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $4 to $5.
Citigroup Downgraded its Neutral to Sell on March 04, 2022, whereas the target price for the stock was revised from $8 to $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNSL now has a Market Capitalization of 502143168 and an Enterprise Value of 3055371008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 2.752 whereas that against EBITDA is 11.903.
Stock Price History:
Over the past 52 weeks, CNSL has reached a high of $4.65, while it has fallen to a 52-week low of $2.93. The 50-Day Moving Average of the stock is -1.45%, while the 200-Day Moving Average is calculated to be 3.98%.
Shares Statistics:
The stock has traded on average 668.56K shares per day over the past 3-months and 1033150 shares per day over the last 10 days, according to various share statistics. A total of 116.17M shares are outstanding, with a floating share count of 74.83M. Insiders hold about 36.82% of the company’s shares, while institutions hold 48.31% stake in the company. Shares short for CNSL as of 1711584000 were 3287964 with a Short Ratio of 4.92, compared to 1709164800 on 2764793. Therefore, it implies a Short% of Shares Outstanding of 3287964 and a Short% of Float of 5.33.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 12.12.
