Telecommunication Services Stocks under Review -- CenturyLink, BCE Inc., Cincinnati Bell, VimpelCom, and Mobile Telesystems
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18 Jul, 2014, 08:00 ET
LONDON, July 18, 2014 /PRNewswire/ --
On Thursday, July 17, 2014, the NASDAQ Composite ended at 4,363.45, down 1.41%, the Dow Jones Industrial Average finished the day 0.94% lower at 16,976.81, and the S&P 500 closed at 1,958.12, down 1.18%. The losses were broad based as all the ten sectors edged lower. The S&P 500 Telecommunication Services Sector Index ended the day at 161.85, down 1.20%, while the index has advanced 2.39% in the last one month. Investor-Edge has initiated coverage on the following equities: CenturyLink Inc. (NYSE: CTL), BCE Inc. (NYSE: BCE), Cincinnati Bell Inc. (NYSE: CBB), VimpelCom Ltd (NASDAQ: VIP), and Mobile Telesystems OJSC (NYSE: MBT). Free research on these five companies can be accessed at:
On Thursday, CenturyLink Inc.'s stock recorded a trading volume of 1.91 million shares, lower than its three months average volume of 4.35 million shares. The stock finished the day at $36.72, down 1.08%, and registered an intraday range of $36.71 and $37.21. CenturyLink Inc.'s shares have advanced 0.27% in the last one month and 6.65% in the previous three months. Also, the stock has surged 15.29% on YTD basis. Furthermore, the company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $36.86 is above its 200-day moving average of $33.03. Additionally, shares of the company traded at a PE ratio of 36.90 and have a Relative Strength Index (RSI) of 59.42. Sign up and read the free notes on CTL at:
BCE Inc.'s stock declined 0.29%, to close Thursday's session at $45.36, after oscillating between $45.18 and $45.78. The stock recorded a trading volume of 0.93 million shares, above its three months average volume of 0.56 million shares. Over the last one month, BCE Inc.'s shares have fallen by 0.59%. However, over the past three months and from the beginning of 2014, the company's stock has gained 2.02% and 4.78%, respectively. The stock is trading above its 200-day moving average. The company stock's 50-day moving average of $45.61 is above its 200-day moving average of $43.80. Further, the company's stock has an RSI of 50.93. The complimentary notes on BCE can be downloaded as in PDF format at:
On Thursday, Cincinnati Bell Inc.'s stock finished the session 1.55% lower at $3.81. A total of 1.00 million shares were traded, which was below its three months average volume of 1.06 million shares. The stock moved between $3.79 and $3.88 during the session. Over the last one month and past three months, Cincinnati Bell Inc.'s shares have rallied 7.02% and 8.86%, respectively. Also, the stock has gone up 7.02% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $3.81 is greater than its 200-day moving average of $3.46. Cincinnati Bell Inc.'s stock traded at a PE ratio of 77.58 and has an RSI of 49.52. Register for free on Investor-Edge and access the latest research on CBB at:
Shares in VimpelCom Ltd fluctuated between $8.59 and $8.84 before ending Thursday's session down 3.12%, at $8.70. The company's stock reported a trading volume of 6.43 million shares, much above its three months average volume of 2.94 million shares. Further, shares of VimpelCom Ltd have advanced 1.52% over the past three trading sessions and 3.94% over the last one month. However, the stock has lost 32.77% on YTD basis. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $10.41 is greater than its 50-day moving average of $8.42. Moreover, shares of the company have an RSI of 62.87. The complete research on VIP is available for free at:
Mobile Telesystems OJSC's stock fell by 3.78%, to close Thursday's session at $18.82, after vacillating between $18.67 and $19.24. The stock recorded a trading volume of 4.65 million shares, above its three months average volume of 2.44 million shares. Over the last one month and from the beginning of 2014, shares in Mobile Telesystems OJSC have declined 2.34% and 12.99%, respectively. However, over the past three months, the company's stock has surged 10.06%. The stock is trading above its 50-day moving average. The company stock's 200-day moving average of $19.28 is above its 50-day moving average of $18.77. Further, the company's stock has an RSI of 58.50. Free in depth research on MBT is available at:
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