Charter Communications Inc. (CHTR) is Trading Lower on Unusual Volume for February 08

Equities Staff |

Charter Communications Inc. (CHTR) experienced unusually high volume on Feb. 08, as the stock lost 5.35% to a closing price of $159.52. The stock saw 3.28 million shares trade hands over the course of the day on 32,561 trades. Given that the stock’s average daily volume over the last month has been 1.79 million shares a day, this represents a pretty substantial spike over the norm.

Charter Communications Inc. has a P/B ratio of 300.98. The stock has traded between $199.00 and $160.20 over the last 52-weeks, its 50-day SMA is now $177.82, and its 200-day SMA $180.72.

Charter Communications Inc is a cable operator providing services in the United States. It offers cable video programming, Internet services, and voice services, as well as video services such as video on demand, HD television and DVR service.

Headquartered in Stamford, CT, Charter Communications Inc. has 23,200 employees and is currently under the leadership of CEO Thomas M. Rutledge.

For a complete fundamental analysis analysis of Charter Communications Inc., check out Equities.com’s Stock Valuation Analysis report for CHTR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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