15.08.2017 12:05:00
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Pre-Market Technical Recap on Telecom Services Stocks -- Windstream, Altice USA, BCE Inc., and Pareteum
NEW YORK, August 15, 2017 /PRNewswire/ --
If you want a Stock Review on WIN, ATUS, BCE, or TEUM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The Telecommunications sector comprises companies that make communication possible on a global scale whether through the phone or Internet. The largest companies in the sector are wireless operators, satellite companies, cable companies, and Internet service providers. In today's pre-market research, DailyStockTracker.com observes the performances of equities in the Domestic Telecom Services space, and they are: Windstream Holdings Inc. (NASDAQ: WIN), Altice USA Inc. (NYSE: ATUS), BCE Inc. (NYSE: BCE), and Pareteum Corp. (NYSEMKT: TEUM). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
Windstream
Little Rock, Arkansas-based Windstream Holdings Inc.'s stock finished Monday's session 5.42% higher at $2.14. A total volume of 5.18 million shares was traded, which was above their three months average volume of 3.59 million shares. The Company's shares are trading below their 50-day moving average by 43.73%. Moreover, shares of Windstream, which provides network communications and technology solutions in the US, have a Relative Strength Index (RSI) of 21.12.
On August 04th, 2017, research firm Bank of America/Merrill downgraded the Company's stock rating from 'Buy' to 'Underperform'.
On August 08th, 2017, Windstream announced the first update to its portfolio of leading Unified Communications as a Service (UCaaS) solutions, following its acquisition of Broadview Networks. The Company introduced Broadview's OfficeSuite® with its SD-WAN, a powerful combination that combines 100% cloud-based Unified Communication services with the Company's dynamic and cost-effective SD-WAN solution. Free research report on WIN is available at:
http://dailystocktracker.com/registration/?symbol=WIN
Altice USA
Shares in Bethpage, New York headquartered Altice USA Inc. declined 0.48%, ending yesterday's session at $31.34. A total volume of 574,488 shares was traded. Shares of the Company, which together with its subsidiaries, operates as a cable operator that provides telecommunications, media, and entertainment services in the US, are trading 2.48% below its 50-day moving average.
On July 26th, 2017, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock, with a target price of $34 per share.
On July 27th, 2017, Altice USA reported results for the three and six months ended June 30th, 2017. For Q2 2017, revenue was $2.33 billion; adjusted EBITDA was $994 million; and capital expenditures were $228 million. For H1 2017, revenue was $4.63 billion, adjusted EBITDA was $1.94 billion; and capital expenditures were $391 million. The complimentary research report on ATUS can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ATUS
BCE Inc.
On Monday, Verdun, Canada headquartered BCE Inc.'s stock rose 0.63%, to close the day at $46.53. A total volume of 600,958 shares was traded. The Company's shares have advanced 1.24% in the last one month, 3.88% in the previous three months, and 7.61% on an YTD basis. The stock is trading 1.87% and 4.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares of BCE Inc., which provides wireless, wireline, Internet, and television services to residential, business, and wholesale customers in Canada, have an RSI of 54.35.
On July 18th, 2017, research firm Argus initiated a 'Hold' rating on the Company's stock.
On August 03rd, 2017, BCE Inc. reported results for Q2 2017. Net earnings for Q2 2017 were $811 million and net earnings attributable to common shareholders were $762 million, or $0.84 per common share. Adjusted net earnings for the quarter were $792 million, and adjusted EPS was $0.88. Additionally, cash flows from operating activities were $2,154 million, and free cash flow was $1.09 billion. Visit DailyStockTracker.com today and access our complete research report on BCE at:
http://dailystocktracker.com/registration/?symbol=BCE
Pareteum
Shares in New York-based Pareteum Corp. ended the day 17.01% higher at $1.18. A total volume of 1.08 million shares was traded, which was above their three months average volume of 790,660 shares. The stock has surged 38.82% in the previous three months. The Company's shares are trading above their 50-day moving average by 44.22%. Furthermore, shares of Pareteum, which provides mobile networking software and services for the mobile, mobile virtual network operators, enterprise, and Internet of Things markets in Europe and internationally, have an RSI of 62.68.
On July 27th, 2017, Pareteum announced the appointment of Ms. Laura Thomas, a highly-regarded telecom executive with a 30-year track record, to its Board of Directors, effective immediately. Ms. Thomas is an experienced telecommunications industry CEO and Chief CFO who has steered companies large and small, ranging from $20 million to $1.5 billion in annual revenues, upholding corporate governance and transparency among stakeholders. Get free access to your research report on TEUM at:
http://dailystocktracker.com/registration/?symbol=TEUM
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