Cincinnati Bell Inc. (CBB) had a rough trading day for Friday September 27 as shares tumbled 6.15%, or a loss of $-0.33 per share, to close at $5.04. After opening the day at $5.38, shares of Cincinnati Bell Inc. traded as high as $5.47 and as low as $5.00. Volume was 312,560 shares over 2,718 trades, against an average daily volume of n/a shares and a total float of 50.42 million.
As a result of the decline, Cincinnati Bell Inc. now has a market cap of $254.12 million. In the last year, shares of Cincinnati Bell Inc. have traded between a range of $16.10 and $3.19, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segment. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.
Cincinnati Bell Inc. is based out of Cincinnati, OH and has some 4,300 employees. Its CEO is Leigh R. Fox.
