Cincinnati Bell (CBB) was one of the Russell 2000's biggest losers for Thursday February 18 as the stock slid 10.63% to $2.99, a loss of $-0.355 per share. Starting at an opening price of $3.18 a share, the stock traded between $2.98 and $3.20 over the course of the trading day. Volume was 783,437 shares over 3,341 trades, against an average daily volume of 810,904 shares and a total float of 209.87 million.
The losses send Cincinnati Bell down to a market cap of $626.45 million. In the last year, Cincinnati Bell has traded between $4.16 and $2.80, and its 50-day SMA is currently $3.33 and 200-day SMA is $3.57.
The stock has a P/E Ratio of 2.4.
Cincinnati Bell Inc is a full-service regional provider of entertainment, data and voice communications services and equipment over wireline and wireless networks.
Cincinnati Bell is based out of Cincinnati, OH and has some 3,100 employees. Its CEO is Theodore Torbeck.
For a complete fundamental analysis analysis of Cincinnati Bell, check out Equities.com’s Stock Valuation Analysis report for CBB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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