Alteva Rating Lowered to Hold at Lake Street Capital (ALTV)
Alteva (NYSE:ALTV) traded up 2.03% during mid-day trading on Tuesday, hitting $6.03. 31,151 shares of the company’s stock traded hands. Alteva has a 52 week low of $5.40 and a 52 week high of $9.76. The stock has a 50-day moving average of $6.63 and a 200-day moving average of $7.41. The company’s market cap is $35.1 million.
Alteva (NYSE:ALTV) last announced its earnings results on Wednesday, May 14th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.08. Analysts expect that Alteva will post $-0.38 EPS for the current fiscal year.
Alteva, Inc, formerly Warwick Valley Telephone Company, is a cloud-based communications company that provides unified communications (NYSE:ALTV) solutions and enterprise hosted voice over Internet protocol, and operates as a regional Incumbent local exchange carrier (ILEC) in southern Orange County, New York and northern New Jersey.
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