Communications Sales & Leasing (CSAL) : The value of composite uptick trades was $0.21 million, whereas, the value of composite downtick trades was $1 million. The uptick to downtick ratio stood at 0.21 with a negative money flow of ($0.79) Million during Wednesdays trading session. The block trades money flow was negative ($0 million). The transaction of the trades on downticks amounted to $0 million, which confirms investors selling on the strength of price. Communications Sales & Leasing (CSAL) gained 10 cents at $31.79, an increase of 0.32% over the previous days close.
Shares of Communications Sales & Leasing, Inc. rose by 2.21% in the last five trading days and 5.31% for the last 4 weeks. Communications Sales & Leasing, Inc. is up 12.83% in the last 3-month period. Year-to-Date the stock performance stands at 79.67%.
Communications Sales & Leasing (CSAL) : 2 brokerage houses believe that Communications Sales & Leasing (CSAL) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.
Communications Sales & Leasing (NASDAQ:CSAL): stock was range-bound between the intraday low of $31.239 and the intraday high of $31.96 after having opened at $31.66 on Wednesdays session. The stock finally closed in the red at $31.66, a loss of -1.15%. The stock remained in the red for the whole trading day. The total traded volume was 988,544 shares. The stock failed to cross $31.96 in Wednesdays trading. The stocks closing price on Thursday was $32.29.
Communications Sales & Leasing, Inc. (CS&L) is engaged in the ownership, acquisition and leasing of communication distribution systems. The Company holds the fiber and copper networks and other real estate (the Distribution Systems) and a small consumer competitive local exchange carrier (CLEC) business (the Consumer CLEC Business). The Companys leasing activities consists of leasing back to Windstream Holdings, Inc., the Distribution Systems through a triple-net master lease agreement (the Master Lease). The Company also expands its portfolio by acquiring other real property assets within or outside of the communications infrastructure industry for lease to third-parties.