Otelco (OTEL) Posts Quarterly Earnings
Otelco (NASDAQ:OTEL) released its earnings data on Tuesday. The company reported ($0.07) EPS for the quarter, AR Network reports. The company had revenue of $19.34 million for the quarter, compared to the consensus estimate of $23.89 million.
Shares of Otelco (NASDAQ:OTEL) traded up 1.08% on Tuesday, hitting $5.62. 28,498 shares of the company’s stock traded hands. Otelco has a 1-year low of $1.31 and a 1-year high of $14.95. The stock’s 50-day moving average is $6.35 and its 200-day moving average is $7.24. The company has a market cap of $17.4 million and a price-to-earnings ratio of 0.68.
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