Shenandoah Telecommunications Company (NASDAQ:SHEN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Boasting a price of $28.65, Shenandoah Telecommunications Company (NASDAQ:SHEN) traded 2.69% higher on the day. With the last stock price close down -6.65% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Shenandoah Telecommunications Company has recorded a 50-day average of $26.03 and a two hundred day average of $30.69. Volume of trade was down over the average, with 102 shares of SHEN changing hands under the typical 274,489
Zacks Investment Research has upgraded Shenandoah Telecommunications Company (NASDAQ:SHEN) to Hold in a statement released on 11/29/2016.
On Wednesday March 09, 2016, FBR Capital released a statement for Shenandoah Telecommunications Company (NASDAQ:SHEN) bumped up the target price from $20.00 to $30.00 that suggested an upside of 0.25%.
With a total market value of $0, Shenandoah Telecommunications Company has price-earnings ratio of 124.03 with a one year low of $19.18 and a one year high of $42.66 .
A total of 5 firms have reported on the company. 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 1 brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $34.80.
Brief Synopsis On Shenandoah Telecommunications Company (NASDAQ:SHEN)
Shenandoah Telecommunications Company is a telecommunications holding company. The Company, through its subsidiaries, provides both regulated and unregulated telecommunications services to end user customers and other telecommunications providers. Its segments include Wireless, which provides digital wireless service to a portion of over four-state area covering the region from Harrisburg, York and Altoona, Pennsylvania, to Harrisonburg, Virginia; Cable segment, which provides video, Internet and voice services in franchise areas in portions of Virginia, West Virginia and western Maryland, and leases fiber optic facilities throughout its service area; Wireline segment, which provides regulated and unregulated voice services, digital subscriber lines Internet access and long distance access services throughout Shenandoah county, and Other segment, which includes operations of the Company. Its subsidiaries include NTELOS Holdings Corp. and Shenandoah Personal Communications, LLC.
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