Free Pre-Market Technical Recap on AT&T and Three Additional Telecom Services Stocks
Stock Research Monitor: ATUS, BCE, and CTL
LONDON, UK / ACCESSWIRE / June 27, 2018 / If you want a free Stock Review onT sign up now at www.wallstequities.com/registration. Today, WallStEquities.com presents four Domestic Telecom Services stocks for assessment: Altice USA Inc. (NYSE: ATUS), AT&T Inc. (NYSE: T), BCE Inc. (NYSE: BCE), and CenturyLink Inc. (NYSE: CTL). On June 21st, 2018, Charles Schwab gave the telecommunication services sectoran “Under Perform” rating. As per the brokerage firm, rising interest rates could hurt the telecom sector, whose relatively high dividends often attract investors in a low-interest-rate environment. Although demand for wireless services is rising, competition in the sector is rising, as well. Company debt loads could also be a problem if rates rise. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Altice USA
Long Island City, New York headquartered Altice USA Inc.’s shares rose slightly by 0.66%, finishing Tuesday’s trading session at $16.89. A total volume of 4.39 million shares was traded. In the last month and the previous three months, the stock has advanced 1.69% and 16.31%, respectively. The Company’s shares are trading above their 50-day moving average by 3.70%. Moreover, shares of Altice USA, which together with its subsidiaries, provides broadband communications and video services in the US, have a Relative Strength Index (RSI) of 49.11.
On June 20th, 2018, Altice USA (ATUS) announced that Jean-Charles Nicolas has joined the Company as Senior Vice President, Altice Mobile. In this newly created role, Mr. Nicolas will lead the development, launch, and ongoing market strategy for ATUS’ mobile service, which is expected to be available by 2019.He reports to Hakim Boubazine, ATUS’ Co-President and COO.
On June 21st, 2018, research firm Morgan Stanley initiated an ‘Equal-Weight’ rating on the Company’s stock, with a target price of $20 per share. Get the full research report on ATUS for free by clicking below at:
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AT&T
On Tuesday, shares in Dallas, Texas-based AT&T Inc. recorded a trading volume of 38.87 million shares, which was above their three months average volume of 38.66 million shares. The stock ended the session 0.28% lower at $31.62. The Company’s shares are trading 3.87% below their 50-day moving average. Furthermore, shares of AT&T, which provides communications and digital entertainment services, have an RSI of 40.16.
On June 13th, 2018, research firm MoffettNathanson downgraded the Company’s stock rating from ‘Neutral’ to ‘Sell’.
On June 25th, 2018, AT&T announced that it has entered into a definitive agreement to acquire AppNexus, a technology company that operates a leading global advertising marketplace and provides enterprise products for digital advertising.AppNexus will become a part of AT&T advertising and analytics, which is led by Brian Lesser, CEO. To experience our free membership services anytime/ anywhere and access the free report on T, click to register at:
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BCE Inc.
Shares in Verdun, Canada headquartered BCE Inc. closed at $40.50, rising slightly by 0.15% from the last trading session. The stock recorded a trading volume of 793,726 shares. The Company’s shares are trading 3.37% below their 50-day moving average. Additionally, shares of BCE Inc., which provides wireless, wireline, Internet, and TV services to residential, business, and wholesale customers in Canada, have an RSI of 33.03.
On June 20th, 2018, Bell Canada, which is wholly owned by BCE Inc., announced that it has taken the top spot in PCMag’s “The Fastest ISPs of 2018: Canada,”delivering the highest overall Internet speed index ever recorded in Canada to date by the magazine, and scoring more than 30% higher than the Company’s nearest competitor. Atlantic Canada’s Bell Aliant also took second place in the speed tests, while Manitoba’s Bell MTS moved into the top 10 for the first time.Join our big investor community at Wall St. Equities today and get your free report on BCE at:
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CenturyLink
Monroe, Louisiana-based CenturyLink Inc.’s stock ended 0.16% lower at $18.75 with a total trading volume of 6.45 million shares. The Company’s shares have advanced 3.14% in the last month and 16.24% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.32% and 6.68%, respectively. Furthermore, shares of CenturyLink, which provides various communications services to residential, business, wholesale, and governmental customers primarily in the US, have an RSI of 58.44.
On June 21st, 2018, CenturyLink has been recognized by ATLANTIC-ACM with two Business Connectivity Service Provider Excellence awards for delivering high quality customer service and value with its retail data service offerings. The awards, given atTelecom Exchange2018, offer validation that the Company’s expertise and its secure global network continue to drive added value to organizations on their digital transformation journeys.
On June 26th, 2018, research firm Jefferies upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’. Know more about CTL in our free research coverage at:
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