Company Shares of Zayo Group Holdings (NYSE:ZAYO) Rally 1.9%

Zayo Group Holdings (NYSE:ZAYO) : Traders are bullish on Zayo Group Holdings (NYSE:ZAYO) as it has outperformed the S&P 500 by a wide margin of 2.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.9% in the last 1 week, and is up 3.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 16.86% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $29.62 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $27.58 and the 200 Day Moving Average price is recorded at $25.64.

The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 4.43%.


Zayo Group Holdings (NYSE:ZAYO): stock turned positive on Friday. Though the stock opened at $27.97, the bulls momentum made the stock top out at $28.65 level for the day. The stock recorded a low of $27.86 and closed the trading day at $28.49, in the green by 2.37%. The total traded volume for the day was 1,795,239. The stock had closed at $27.83 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Zayo Group Holdings, Inc., Richardson Nina had sold 1,025 shares worth of $28,557 in a transaction dated July 1, 2016. In this transaction, 1,025 shares were sold at $27.86 per share.

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Companys products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. Its products and services include physical infrastructure, and cloud and connectivity. It operates through three segments: Physical Infrastructure, Cloud and Connectivity, and Other. Its bandwidth infrastructure assets consist of fiber networks, the optronic equipment used to provide its lit services over its fiber networks, and its datacenters where it provides colocation and interconnection services. The Company, through metro fiber networks, provides bandwidth infrastructure services within the metro markets that it serves. The Company, through regional fiber networks, provides bandwidth infrastructure services between the metro markets that it serves.

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