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Sunrise Communications AG - Unsponsored Class A (NASDAQ:SNRE) Hits New 52-Week High - Here's What Happened

Sunrise Communications AG - Unsponsored Class A logo with background

Sunrise Communications AG - Unsponsored Class A ADR (NASDAQ:SNRE - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $57.32 and last traded at $57.32, with a volume of 31559 shares changing hands. The stock had previously closed at $56.60.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised shares of Sunrise Communications AG - Unsponsored Class A to a "hold" rating in a report on Thursday, June 26th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Check Out Our Latest Research Report on Sunrise Communications AG - Unsponsored Class A

Sunrise Communications AG - Unsponsored Class A Trading Up 1.2%

The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.07. The firm's fifty day moving average is $53.66 and its 200-day moving average is $50.24.

Sunrise Communications AG - Unsponsored Class A (NASDAQ:SNRE - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $803.10 million for the quarter.

Institutional Trading of Sunrise Communications AG - Unsponsored Class A

Several hedge funds and other institutional investors have recently modified their holdings of SNRE. Acadian Asset Management LLC purchased a new stake in shares of Sunrise Communications AG - Unsponsored Class A in the 1st quarter valued at $195,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Sunrise Communications AG - Unsponsored Class A in the 2nd quarter valued at $30,000. Signaturefd LLC purchased a new stake in shares of Sunrise Communications AG - Unsponsored Class A in the 2nd quarter valued at $26,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Sunrise Communications AG - Unsponsored Class A during the 2nd quarter valued at $603,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Sunrise Communications AG - Unsponsored Class A in the 2nd quarter worth about $122,000.

About Sunrise Communications AG - Unsponsored Class A

(Get Free Report)

Sunrise Communications AG engages in the provision of telecommunications solutions. The firm offers mobile, broadband, TV, and fixed-line telephony services to residential customers. It also provides mobile and broadband services, as well as a range of value-added portfolio services, including cloud services, cybersecurity, and automation to business customers.

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