Fusion Telecommunications International (FSNN) Shares Down 6.9%
Fusion Telecommunications International, Inc. (NASDAQ:FSNN) fell 6.9% during mid-day trading on Monday . The company traded as low as $0.26 and last traded at $0.27. 1,359,360 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 1,028,649 shares. The stock had previously closed at $0.29.
A number of research firms have recently issued reports on FSNN. Zacks Investment Research raised shares of Fusion Telecommunications International from a “sell” rating to a “hold” rating in a research note on Tuesday, January 15th. ValuEngine raised shares of Fusion Telecommunications International from a “hold” rating to a “buy” rating in a research note on Monday, April 1st. Finally, B. Riley reissued a “neutral” rating and issued a $0.75 price target (down from $9.75) on shares of Fusion Telecommunications International in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $0.75.
The firm has a market cap of $21.35 million, a price-to-earnings ratio of -0.25 and a beta of 1.84.
COPYRIGHT VIOLATION NOTICE: “Fusion Telecommunications International (FSNN) Shares Down 6.9%” was first reported by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2019/04/15/fusion-telecommunications-international-fsnn-shares-down-6-9.html.
Fusion Telecommunications International Company Profile (NASDAQ:FSNN)
Fusion Connect, Inc provides integrated cloud solutions to small, medium, and large businesses. Its proprietary service platform enables the integration of solutions in the cloud, including cloud voice and unified communications, contact center, cloud connectivity, and cloud computing, as well as additional cloud services, such as storage and security.
Featured Story: Understanding debt-to-equity ratio in fundamental analysis
Receive News & Ratings for Fusion Telecommunications International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fusion Telecommunications International and related companies with MarketBeat.com's FREE daily email newsletter.