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!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With CNSL Stock Today?
Consolidated Communications Holdings Inc (CNSL) stock is trading at $4.11 as of 1:02 PM on Tuesday, Oct 17, a rise of $0.01, or 0.24% from the previous closing price of $4.10. Volume today is high. So far 931,067 shares have traded compared to average volume of 560,331 shares. The stock has traded between $4.09 and $4.14 so far today.
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.
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