What’s Cincinnati Bell Inc. (CBB) Downside After Today’s Big Decline?

Cincinnati Bell Inc. (NYSE:CBB) Logo

The stock of Cincinnati Bell Inc. (NYSE:CBB) is a huge mover today! The stock decreased 1.78% or $0.13 during the last trading session, reaching $7.17. About 1.03 million shares traded or 85.26% up from the average. Cincinnati Bell Inc. (NYSE:CBB) has declined 71.28% since September 11, 2018 and is downtrending. It has underperformed by 71.28% the S&P500.
The move comes after 9 months negative chart setup for the $343.79 million company. It was reported on Sep, 11 by Barchart.com. We have $6.67 PT which if reached, will make NYSE:CBB worth $24.07 million less.

Analysts await Cincinnati Bell Inc. (NYSE:CBB) to report earnings on November, 14. They expect $-0.16 earnings per share, 0.00 % or $0.00 from last year’s $-0.16 per share. After $-0.13 actual earnings per share reported by Cincinnati Bell Inc. for the previous quarter, Wall Street now forecasts 23.08 % negative EPS growth.

More notable recent Cincinnati Bell Inc. (NYSE:CBB) news were published by: Benzinga.com which released: “Earnings Scheduled For August 8, 2019 – Benzinga” on August 08, 2019, also Benzinga.com with their article: “Earnings Scheduled For May 8, 2019 – Benzinga” published on May 08, 2019, Seekingalpha.com published: “FSLY, PSTG, SPLK and WIFI among tech movers – Seeking Alpha” on August 22, 2019. More interesting news about Cincinnati Bell Inc. (NYSE:CBB) were released by: Seekingalpha.com and their article: “Cincinnati Bell -1.3% on wider loss in Q4 – Seeking Alpha” published on February 14, 2019 as well as Benzinga.com‘s news article titled: “75 Biggest Movers From Yesterday – Benzinga” with publication date: August 16, 2019.

Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business clients in the United States. The company has market cap of $343.79 million. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, such as Fioptics voice lines, voice over Internet protocol, long distance, digital trunking, switched access, caller identification, voicemail, call waiting, and call return. It currently has negative earnings. It also provides video services comprising entertainment channels, including digital music, local, movie, and sports programming, high-definition channels, parental controls, HD DVR, and video on-demand.

Cincinnati Bell Inc. (NYSE:CBB) Ratings Chart

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