Is Consolidated Communications Holdings Inc (CNSL) a Stock to Watch After Losing -9.92% This Week?

The market has been high on Consolidated Communications Holdings Inc (CNSL) stock recently. CNSL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Consolidated Communications Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CNSL!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CNSL Stock Today?

Consolidated Communications Holdings Inc (CNSL) stock is lower by -11.95% while the S&P 500 has gained 0.61% as of 11:11 AM on Thursday, Jul 29. CNSL has fallen -$1.06 from the previous closing price of $8.87 on volume of 345,488 shares. Over the past year the S&P 500 has gained 37.56% while CNSL has gained 29.52%. CNSL lost -$0.52 per share in the over the last 12 months.

More About Consolidated Communications Holdings Inc

Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles. Click Here to get the full Stock Report for Consolidated Communications Holdings Inc stock.