Shares of Cincinnati Bell Inc. (NYSE:CBB) were down 3.3% on Tuesday . The stock traded as low as $4.38 and last traded at $4.40, with a volume of 536,872 shares traded. The stock had previously closed at $4.55.

Several analysts have weighed in on CBB shares. Zacks Investment Research raised shares of Cincinnati Bell from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Monday, April 25th. Gabelli downgraded shares of Cincinnati Bell from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Raymond James Financial Inc. reissued a “market perform” rating on shares of Cincinnati Bell in a research note on Monday, August 8th. Finally, Bank of America Corp. set a $3.25 price target on shares of Cincinnati Bell and gave the stock a “sell” rating in a research note on Wednesday, August 3rd.

The company’s 50-day moving average is $4.73 and its 200 day moving average is $3.97. The stock has a market capitalization of $912.15 million and a PE ratio of 4.90.

Cincinnati Bell (NYSE:CBB) last posted its earnings results on Thursday, August 4th. The company reported $0.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.35. The company had revenue of $299 million for the quarter, compared to analysts’ expectations of $295.79 million. The business’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 earnings per share. On average, analysts predict that Cincinnati Bell Inc. will post $0.07 EPS for the current year.

In related news, VP Christopher J. Wilson sold 30,000 shares of the firm’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $3.70, for a total transaction of $111,000.00. Following the completion of the transaction, the vice president now directly owns 74,457 shares of the company’s stock, valued at $275,490.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

A hedge fund recently raised its stake in Cincinnati Bell stock. Ancora Advisors LLC increased its stake in shares of Cincinnati Bell Inc. (NYSE:CBB) by 11.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 712,589 shares of the company’s stock after buying an additional 75,239 shares during the period. Ancora Advisors LLC owned 0.34% of Cincinnati Bell worth $2,273,000 as of its most recent SEC filing.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.