Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.
Consensus Cloud Solutions Stock Performance
CCSI stock opened at $23.13 on Friday. The company has a fifty day moving average price of $22.31 and a 200-day moving average price of $23.55. The company has a market capitalization of $451.86 million, a P/E ratio of 5.35 and a beta of 1.50. Consensus Cloud Solutions has a 52-week low of $15.93 and a 52-week high of $32.10.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of CCSI. AlphaQuest LLC raised its position in shares of Consensus Cloud Solutions by 451.5% during the fourth quarter. AlphaQuest LLC now owns 2,173 shares of the company's stock worth $52,000 after acquiring an additional 1,779 shares during the last quarter. Quantbot Technologies LP bought a new position in Consensus Cloud Solutions during the 4th quarter worth approximately $81,000. Strs Ohio bought a new position in Consensus Cloud Solutions during the 1st quarter worth approximately $134,000. BNP Paribas Financial Markets bought a new position in Consensus Cloud Solutions during the 4th quarter worth approximately $135,000. Finally, Federated Hermes Inc. raised its holdings in Consensus Cloud Solutions by 82.0% during the 4th quarter. Federated Hermes Inc. now owns 7,762 shares of the company's stock worth $185,000 after purchasing an additional 3,497 shares during the last quarter. 93.93% of the stock is owned by institutional investors.
About Consensus Cloud Solutions
(
Get Free Report)
Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.
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