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Shares of Lumos Networks Corp (NASDAQ:LMOS) were the target of a significant growth in short interest in the month of June. As of June 13th, there was short interest totalling 1,242,715 shares, a growth of 40.2% from the May 30th total of 886,679 shares, Analyst Ratings Net reports. Based on an average daily volume of 174,592 shares, the days-to-cover ratio is currently 7.1 days. Approximately 6.7% of the company’s stock are short sold.

A number of research firms have recently commented on LMOS. Analysts at Davidson reiterated a “buy” rating on shares of Lumos Networks Corp in a research note on Friday, May 9th. They now have a $18.00 price target on the stock, down previously from $24.00. Separately, analysts at DA Davidson reiterated a “buy” rating on shares of Lumos Networks Corp in a research note on Thursday, May 8th. They now have a $18.00 price target on the stock, down previously from $24.00. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Lumos Networks Corp in a research note on Thursday, May 8th. They now have a $20.00 price target on the stock, down previously from $23.00. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Lumos Networks Corp currently has a consensus rating of “Buy” and an average price target of $18.15.

Shares of Lumos Networks Corp (NASDAQ:LMOS) opened at 14.47 on Wednesday. Lumos Networks Corp has a 52 week low of $11.20 and a 52 week high of $25.10. The stock’s 50-day moving average is $14.38 and its 200-day moving average is $15.86. The company has a market cap of $321.1 million and a P/E ratio of 21.09.

Lumos Networks Corp (NASDAQ:LMOS) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.01. The company had revenue of $550.10 million for the quarter, compared to the consensus estimate of $50.50 million. On average, analysts predict that Lumos Networks Corp will post $0.67 earnings per share for the current fiscal year.

Lumos Networks Corp. is a fiber-based service provider in the Mid-Atlantic region. The Company provides data, broadband, voice and Internet protocol (NASDAQ:LMOS) services over fiber optic network.

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