Cincinnati Bell Inc. (CBB) Forms $18.50 Double Top; Shorts at Newater Tech Ord (NEWA) Raised By 444.53%

Newater Tech Ord (NASDAQ:NEWA) had an increase of 444.53% in short interest. NEWA’s SI was 69,700 shares in January as released by FINRA. Its up 444.53% from 12,800 shares previously. With 99,000 avg volume, 1 days are for Newater Tech Ord (NASDAQ:NEWA)’s short sellers to cover NEWA’s short positions. The stock decreased 5.67% or $0.64 during the last trading session, reaching $10.65. About 143,833 shares traded. Newater Technology, Inc. (NASDAQ:NEWA) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Cincinnati Bell Inc. (CBB) formed double top with $20.17 target or 9.00% above today’s $18.50 share price. Cincinnati Bell Inc. (CBB) has $780.43 million valuation. The stock increased 1.65% or $0.3 during the last trading session, reaching $18.5. About 284,549 shares traded or 4.13% up from the average. Cincinnati Bell Inc. (NYSE:CBB) has declined 3.61% since January 9, 2017 and is downtrending. It has underperformed by 20.31% the S&P500.

Analysts await Cincinnati Bell Inc. (NYSE:CBB) to report earnings on February, 21. They expect $0.04 earnings per share, up 300.00% or $0.03 from last year’s $0.01 per share. CBB’s profit will be $1.69M for 115.63 P/E if the $0.04 EPS becomes a reality. After $0.03 actual earnings per share reported by Cincinnati Bell Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Among 3 analysts covering Cincinnati Bell (NYSE:CBB), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Cincinnati Bell had 6 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Cincinnati Bell Inc. (NYSE:CBB) earned “Equal-Weight” rating by Morgan Stanley on Thursday, November 30. Gabelli downgraded Cincinnati Bell Inc. (NYSE:CBB) on Tuesday, August 8 to “Hold” rating. The firm has “Underperform” rating by Raymond James given on Tuesday, December 6. The firm has “Buy” rating given on Friday, August 21 by Gabelli. The stock of Cincinnati Bell Inc. (NYSE:CBB) has “Buy” rating given on Thursday, October 6 by Gabelli.

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