Stock price performance of Zayo Group Holdings, Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -3.98% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.65% . Looking at the past 52 week period, the stock price is up at 28.43% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Zayo Group Holdings, Inc. has a positive value of 35.56 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 2.58%.The 200 Day SMA reached 8.01%
Zayo Group Holdings, Inc. is having a Relative Strength Index of 44.05 which indicates the stock is not yet over sold or over bought based on the technical indicators. Zayo Group Holdings, Inc. (NYSE:ZAYO) has tumbled 1.86% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.7% in the last four weeks. The stocks have underperformed the S&P 500 by 1.98% during the past week but Zayo Group Holdings, Inc. (NYSE:ZAYO) it has outperformed the index in 4 weeks by 1.79%.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Christopher Morley (President & COO) sold 25,000 shares at 31.68 per share price.On Feb 2, 2017, Linda Rottenberg (director) sold 537 shares at 32.01 per share price.On Jan 31, 2017, Kenneth Desgarennes (Chief Financial Officer) sold 38,885 shares at 31.61 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. (NYSE:ZAYO) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $31.7 and reached the intraday high at $31.81. The bulls started the profit booking and pushed the shares to intraday low of $31.38. The trading session was marked by a volume range of 1,685,712 shares exchanging hands. The 52-week high of the shares is $35.65 and the 52-week low is $19.59. The market cap of the company stands at $7,678 million and there are 243,119,510 shares in public circulation.
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.