EarthLink Hits New 12-Month Low at $3.98 (ELNK)
EarthLink (NASDAQ:ELNK) hit a new 52-week low during mid-day trading on Friday , AnalystRatingsNetwork reports. The stock traded as low as $3.98 and last traded at $4.01, with a volume of 1,741,649 shares trading hands. The stock had previously closed at $4.27.
Separately, analysts at Jefferies Group initiated coverage on shares of EarthLink in a research note on Thursday, December 19th. They set an “underperform” rating and a $4.00 price target on the stock.
The stock has a 50-day moving average of $4.61 and a 200-day moving average of $4.97. The company’s market cap is $408.5 million.
EarthLink (NASDAQ:ELNK) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.13) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.19) by $0.06. Analysts expect that EarthLink will post $-0.67 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend is Thursday, March 13th.
EarthLink, Inc (NASDAQ:ELNK), is a network, communications and information technology (IT) services provider to business and residential customers in the United States.
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