Citigroup Reinstates Windstream Holdings to Neutral

Brokerage firm Citigroup Reinstates its rating on Windstream Holdings(NASDAQ:WIN). The shares have been rated Neutral. The rating by Citigroup was issued on Jul 5, 2016.

Windstream Holdings (WIN) made into the market gainers list on Fridays trading session with the shares advancing 3.17% or 0.29 points. Due to strong positive momentum, the stock ended at $9.45, which is also near the day’s high of $9.6. The stock began the session at $9.21 and the volume stood at 17,88,362 shares. The 52-week high of the shares is $9.6 and the 52 week low is $4.42. The company has a current market capitalization of $910 M and it has 9,63,10,037 shares in outstanding.

Windstream Holdings(WIN) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.37B. Analysts had an estimated revenue of $1.38B. Earnings per share were $-0.55. Analysts had estimated an EPS of $-0.62.

Several Insider Transactions has been reported to the SEC. On Nov 19, 2015, William Acker Montgomery (director) purchased 32,000 shares at $5.73 per share price.Also, On Aug 17, 2015, Michael G. Stoltz (director) purchased 5,000 shares at $6.71 per share price.On Jul 1, 2015, Alan L Wells (director) purchased 15,000 shares at $6.38 per share price, according to the Form-4 filing with the securities and exchange commission.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *