Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) shares dropped 0.6% on Wednesday . The stock traded as low as $52.98 and last traded at $53.45. Approximately 156,911 shares traded hands during trading, a decline of 79% from the average daily volume of 755,890 shares. The stock had previously closed at $53.75.
Analysts Set New Price Targets
Separately, Redburn Atlantic lowered Sunrise Communications from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold".
Read Our Latest Stock Analysis on SNRE
Sunrise Communications Stock Up 1.3%
The firm's fifty day simple moving average is $50.32.
Sunrise Communications (NASDAQ:SNRE - Get Free Report) last announced its quarterly earnings data on Monday, May 19th. The company reported ($0.03) earnings per share (EPS) for the quarter.
Sunrise Communications Announces Dividend
The business also recently disclosed a -- dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be paid a $3.7252 dividend. The ex-dividend date of this dividend is Friday, May 16th.
Sunrise Communications Company Profile
(
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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