Stocks Under $10: Cbeyond

Richard Suttmeier |

Cbeyond (CBEY) – ($9.23) has a Strong Buy rating according to ValuEngine with fair value at $10.63, which makes the stock 13.2% undervalued. The one-year price target is $10.67. ValuEngine Profile – “Cbeyond is an Atlanta-based managed services provider in the emerging local voice and broadband services market and manages voice over Internet Protocol, facilities-based, private, local phone network. Cbeyond delivers an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications, including voicemail, email, Web hosting, data backup, file-sharing, VPN and more to a target market of small business customers in selected large metropolitan areas.”

Analysis – The daily chart for CBEY shows overbought momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $8.45, $7.76 and $8.18. My semiannual value level is $8.62 with a weekly pivot at $9.04 and monthly risky level at $9.34.



Courtesy of Thomson / Reuters

Ticker

Company Name

Mkt Price

Fair Value

One-Year Price Target

Last 12-Mon Retn (%)

5-Yr Avg Retn (%)

P/E Ratio

CBEY

CBEYOND

9.20

10.63

10.67

39.22

-14.85

n/a

 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
YYE.TEST NYSE TEST SYMBOL n/a n/a n/a 0 Trade

Comments

Emerging Growth

NABUfit Global Inc

NABUfit Global Inc develops online fitness portal and a mobile app with the option of connecting existing and future monitoring devices (wearables etc.).

Private Markets

California Green Tree Development

California Green Tree Development LLC (CGTD) is a for-profit LLC that plans on using California’s booming market of legal cannabis products for medical purposes. As an unprecedented resource, Cannabis has…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.