Cellnex Telecom (OTCMKTS:CLLNY – Get Free Report) will likely be posting its results after the market closes on Friday, November 6th. Analysts expect the company to announce earnings of $0.0215 per share and revenue of $1.16 billion for the quarter.
Cellnex Telecom Stock Down 0.7%
CLLNY opened at $14.53 on Wednesday. The stock’s 50 day moving average price is $14.15 and its two-hundred day moving average price is $15.63. Cellnex Telecom has a 12-month low of $12.28 and a 12-month high of $19.23.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. UBS Group lowered shares of Cellnex Telecom to a “neutral” rating in a research report on Tuesday, August 18th. The Goldman Sachs Group lowered shares of Cellnex Telecom from a “hold” rating to a “sell” rating in a research report on Friday, September 4th. Finally, Barclays upgraded shares of Cellnex Telecom to an “overweight” rating in a report on Monday, August 24th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
View Our Latest Stock Report on Cellnex Telecom
About Cellnex Telecom
Cellnex Telecom is a European telecommunications infrastructure company that operates wireless communications sites and related networks. The company provides infrastructure used by mobile network operators, broadcasters, public authorities and other organizations to deliver connectivity and communications services.
Its portfolio includes macro towers, rooftop sites, distributed antenna systems, small-cell networks and fiber-connected infrastructure. Cellnex also manages broadcasting infrastructure and develops connectivity solutions for smart cities, private networks, public safety and the Internet of Things.
Headquartered in Barcelona, Cellnex was established in 2015 following the reorganization of Abertis’s telecommunications infrastructure business.
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