Shares of Cincinnati Bell Inc. (NYSE:CBB) traded down 2.4% during trading on Monday . The stock traded as low as $4.88 and last traded at $4.90, with a volume of 441,575 shares changing hands. The stock had previously closed at $5.02.

Several analysts recently commented on the stock. Gabelli lowered shares of Cincinnati Bell from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Zacks Investment Research upgraded shares of Cincinnati Bell from a “sell” rating to a “hold” rating in a research report on Monday, May 16th. Finally, Bank of America Corp. restated a “sell” rating and set a $3.25 price target on shares of Cincinnati Bell in a research report on Wednesday, May 4th.

The stock’s 50 day moving average is $4.31 and its 200 day moving average is $3.72. The company has a market cap of $1.03 billion and a price-to-earnings ratio of 3.43.

Cincinnati Bell (NYSE:CBB) last issued its quarterly earnings data on Thursday, May 5th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.01. During the same period in the previous year, the company earned ($0.01) EPS. The firm had revenue of $289 million for the quarter, compared to analyst estimates of $295.04 million. The company’s revenue was down 1.1% on a year-over-year basis. Equities research analysts forecast that Cincinnati Bell Inc. will post $0.06 EPS for the current year.

An institutional investor recently raised its position in Cincinnati Bell stock. Rhumbline Advisers raised its stake in shares of Cincinnati Bell Inc. (NYSE:CBB) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 336,816 shares of the company’s stock after buying an additional 5,935 shares during the period. Rhumbline Advisers owned approximately 0.16% of Cincinnati Bell worth $1,213,000 as of its most recent filing with the SEC.

Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments. The Entertainment and Communications segment provides products and services, such as high-speed Internet, data transport local voice, long distance, voice over Internet protocol (VoIP), video and other services.

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