Windstream (WIN) Trading Up 6.6%
Windstream Holdings Inc (NASDAQ:WIN) shares were up 6.6% during mid-day trading on Friday . The stock traded as high as $3.42 and last traded at $3.37. Approximately 969,029 shares were traded during trading, an increase of 59% from the average daily volume of 609,351 shares. The stock had previously closed at $3.16.
Several research analysts have recently issued reports on WIN shares. Morgan Stanley dropped their price objective on shares of Windstream from $10.00 to $5.00 and set an “equal weight” rating on the stock in a report on Monday, November 19th. Zacks Investment Research upgraded shares of Windstream from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd. Finally, ValuEngine upgraded shares of Windstream from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.05.
The company has a market cap of $144.69 million, a price-to-earnings ratio of -0.41 and a beta of 0.99.
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About Windstream (NASDAQ:WIN)
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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