Is Selling Stock Like Cincinnati Bell Inc. (CBB) After Such Decline Winning Strategy?

Cincinnati Bell Inc. (NYSE:CBB) Logo

The stock of Cincinnati Bell Inc. (NYSE:CBB) is a huge mover today! The stock decreased 1.78% or $0.13 during the last trading session, reaching $7.17. About 1.03 million shares traded or 85.26% up from the average. Cincinnati Bell Inc. (NYSE:CBB) has declined 71.28% since September 11, 2018 and is downtrending. It has underperformed by 71.28% the S&P500.
The move comes after 9 months negative chart setup for the $343.79 million company. It was reported on Sep, 11 by Barchart.com. We have $6.67 PT which if reached, will make NYSE:CBB worth $24.07 million less.

Analysts await Cincinnati Bell Inc. (NYSE:CBB) to report earnings on November, 14. They expect $-0.16 EPS, 0.00 % or $0.00 from last year’s $-0.16 per share. After $-0.13 actual EPS reported by Cincinnati Bell Inc. for the previous quarter, Wall Street now forecasts 23.08 % negative EPS growth.

More notable recent Cincinnati Bell Inc. (NYSE:CBB) news were published by: Seekingalpha.com which released: “Microcaps mostly among tech movers – Seeking Alpha” on August 15, 2019, also Finance.Yahoo.com with their article: “Cincinnati Bell Partners With Oregon District on Smart City Solution – Yahoo Finance” published on August 30, 2019, Finance.Yahoo.com published: “Analysts Estimate Cincinnati Bell (CBB) to Report a Decline in Earnings: What to Look Out for – Yahoo Finance” on May 01, 2019. More interesting news about Cincinnati Bell Inc. (NYSE:CBB) were released by: Finance.Yahoo.com and their article: “Here is What Hedge Funds Think About Cincinnati Bell Inc. (CBB) – Yahoo Finance” published on June 26, 2019 as well as Seekingalpha.com‘s news article titled: “Cincinnati Bell +15% as Wells sees 59% undervaluation – Seeking Alpha” with publication date: August 16, 2019.

Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business clients in the United States. The company has market cap of $343.79 million. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, such as Fioptics voice lines, voice over Internet protocol, long distance, digital trunking, switched access, caller identification, voicemail, call waiting, and call return. It currently has negative earnings. It also provides video services comprising entertainment channels, including digital music, local, movie, and sports programming, high-definition channels, parental controls, HD DVR, and video on-demand.

Cincinnati Bell Inc. (NYSE:CBB) Ratings Chart

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