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

A number of equities research analysts have commented on the company. Gabelli cut 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. Bank of America Corp. set a $3.25 target price on Cincinnati Bell and gave the company a “sell” rating in a research report on Wednesday, August 3rd. Finally, Zacks Investment Research raised Cincinnati Bell from a “hold” rating to a “buy” rating and set a $4.50 target price on the stock in a research report on Monday, April 25th.

The company has a market cap of $905.85 million and a P/E ratio of 4.87. The stock’s 50-day moving average is $4.74 and its 200 day moving average is $3.98.

Cincinnati Bell (NYSE:CBB) last released its earnings results on Thursday, August 4th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.35. The company earned $299 million during the quarter, compared to the consensus estimate of $295.79 million. The company’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $0.01 EPS. Equities analysts forecast that Cincinnati Bell Inc. will post $0.07 EPS for the current year.

In other Cincinnati Bell news, VP Christopher J. Wilson sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 8th. The stock was 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 owns 74,457 shares of the company’s stock, valued at approximately $275,490.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

A hedge fund recently raised its stake in Cincinnati Bell stock. Rhumbline Advisers boosted its stake in Cincinnati Bell Inc. (NYSE:CBB) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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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