Cincinnati Bell Reaches New 52-Week High (CBB) - TheStreet

NEW YORK (

TheStreet

) --

Cincinnati Bell

(NYSE:

CBB

) hit a new 52-week high Wednesday as it is currently trading at $4.10, above its previous 52-week high of $4.09 with 276,400 shares traded as of 11:43 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Cincinnati Bell has a market cap of $687.2 million and is part of the

technology

sector and

telecommunications

industry. Shares are up 32.3% year to date as of the close of trading on Tuesday.

Cincinnati Bell Inc., together with its subsidiaries, provides telecommunications and technology services. The company has a P/E ratio of 101, above the average telecommunications industry P/E ratio of 35.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cincinnati Bell as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and feeble growth in the company's earnings per share. You can view the full

Cincinnati Bell Ratings Report

.

See all

52-week high stocks

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