Zayo Group Holdings, Inc. (ZAYO) traded with a cut of -0.22 points or -0.69% at $31.74 per share. As per the last available information, the stock aggregated $0.47 million in upticks and $0.18 million in downticks, keeping the net money flow capped at $0.29 million. The up/down ratio was found to be 2.65. For the week, the shares has seen a change of -1.37% in the share price.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Zayo Group Holdings, Inc. has lost 1.45% in the last five trading days and dropped 4.53% in the last 4 weeks. Zayo Group Holdings, Inc. has dropped 2.52% during the last 3-month period . Year-to-Date the stock performance stands at -4.53%. Zayo Group Holdings, Inc. (NYSE:ZAYO) witnessed a decline in the market cap on Wednesday as its shares dropped 1.85% or 0.59 points. After the session commenced at $32.01, the stock reached the higher end at $32.12 while it hit a low of $31.24. With the volume soaring to 2,900,977 shares, the last trade was called at $31.37. The company has a 52-week high of $35.65. The company has a market cap of $7,627 million and there are 243,119,510 shares in outstanding. The 52-week low of the share price is $19.59.
Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Kenneth Desgarennes (Chief Financial Officer) sold 38,885 shares at 31.61 per share price.On Jan 6, 2017, Daniel Caruso (CEO) sold 78,927 shares at 30.91 per share price.On Jan 6, 2017, Christopher Morley (President & COO) sold 61,860 shares at 30.91 per share price.
Zayo Group Holdings Inc Last issued its quarterly earnings results on May 5, 2016. The company reported $-0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.01. The company had revenue of $478.00 million for the quarter, compared to analysts expectations of $465.40 million. The companys revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Zayo Group Holdings Inc was Initiated by Stifel on Jan 13, 2017 to Buy, Price Target of the shares are set at $40.Zayo Group Holdings Inc was Downgraded by Morgan Stanley to Equal-Weight on Dec 14, 2016. Zayo Group Holdings Inc was Initiated by SunTrust to Buy on Dec 13, 2016. Zayo Group Holdings Inc was Downgraded by MoffettNathanson to Neutral on Dec 2, 2016. Company shares were Reiterated by RBC Capital Mkts on Dec 1, 2016 to Outperform, Raises Price Target to $ 38 from a previous price target of $34 .
Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure services, including dark fiber, wavelengths, SONET, Ethernet, IP services, and carrier-neutral colocation and interconnection. Its customers include wireline and wireless carriers, and high-bandwidth enterprises from disaster recovery, media content, educational, financial, government, healthcare, and other industries. Zayo Group Holdings, Inc. is headquartered in Boulder, Colorado.