Stocks Under $10: Cincinnati Bell
Richard Suttmeier Follow |Cincinnati Bell (CBB) – ($3.59) has recently been upgraded to a Buy rating according to ValuEngine with fair value at 3.31, which makes the stock 8.3% overvalued. The one-year price target is $3.98. ValuEngine Profile – “Cincinnati Bell provides a wide range of telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana.”
Analysis – The daily chart for CBB shows rising momentum with the stock below its 21-day and 50-day simple moving averages at $3.48 and $3.37 but below its 200-day simple moving average at $4.56. My semiannual value level is $2.59 with a weekly pivot at $3.63 and monthly risky level at $4.20.
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 |
|
CBB |
CINCINNATI BELL |
3.59 |
3.31 |
3.98 |
0.00 |
-3.41 |
82.85 |
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Companies
| Symbol | Name | Price | Change | % | Volume | ||
|---|---|---|---|---|---|---|---|
| Follow | CBB | Cincinnati Bell Inc. | 13.28 | 0.18 | 1.37 | 211,652 | Trade |
| Follow | ENLK | EnLink Midstream Partners LP Representing Limited Partnership Interests | 18.26 | 0.23 | 1.28 | 890,454 | Trade |
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