Caruso Daniel, CEO, sold 337,079 shares of the Zayo Group Holdings, Inc. (NYSE:ZAYO) in an exchange that happened on October 30th, 2018. The stock was sold at an average price of $29.67 per share, amounting to a transaction worth $10,001,134. The sale was made public in a document filed with the SEC. Additionally, CFO Steinfort Matt sold 1,045 shares of this stock in a transaction that took place on October 4th, 2018. The stock was sold at an average price of $34.21 per share, for a total exchange amounting to $35,749. After the transaction, the CFO Steinfort Matt currently holds 16,205 shares of the company’s stock, which is worth approximately $408690.
With this stock price’s latest movement, it is now -36.41% away from its 1-year high and 15.05% higher than its 1-year low price. In the past seven days, the stock price volatility for Zayo Group Holdings, Inc. was 4.94%, whereas its volatility in the past 30 days has been 4.59%. This public company’s stock also has a beta score of 0.60. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.
Zayo Group Holdings, Inc. (NYSE:ZAYO) most recently published its quarterly earnings results. The firm posted $0.09 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.11 by $0.02. The publicly-traded organization reported revenue of $641.10 million for the quarter, compared to the average analyst forecast calling for $647.79 million, which was missing the analyst consensus estimate.
Shares of Zayo Group Holdings, Inc. (ZAYO) surged 0.56%, amounting to a gain of $0.14 per share, to finish the regular trading session at $25.22 on Tuesday 12/11/2018. After beginning the session at $25.41, shares of Zayo Group Holdings, Inc. reached as high as $25.75 during the day, while hitting a 1-day low of $25.2. Trade volume reached 3,846,824 shares against this stock’s average daily volume of 4.85M shares, with a total float of 198.16M. As a consequence of the price increase, Zayo Group Holdings, Inc. now has a current market value of 6.21B.
McDermott International, Inc. (NYSE:MDR) subtracted -4.70% to its trading price by the close of the most recent session, dropping from its previous closing price of $7.66 to $7.30. This stock decreased in value by -19.25% during the last 7-day period, and experienced a loss of -24.20% over the past 30-day period. In the past three months, this stock’s price lost by -59.38% , and subtracted -64.32% to its price during the last six months of trading. MDR demonstrated a yearly price loss of -66.48% , while its year-to-date (YTD) price performance has been down -63.02% . This stock’s price changed by +4.73% compared to its 90-day low, and moved down -62.45% comparing to its 90-day high price.
Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the MDR stock as “Sell”. In the short-term, McDermott International, Inc. (MDR) has a 20-day average volume of 4,712,680 shares and short-term indicators sets the MDR stock as “ 100% Sell ” on average basis. In the medium-term, MDR stock has a 50-Day average volume of 5,316,580 shares and medium-term indicators gave the average rating of “ 75% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 3,562,023 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the MDR stock as “88% Sell ” on average basis.
Recently, multiple brokerages have sent out reports on MDR. KeyBanc Capital Mkts, for example, Downgrade its rating on shares of McDermott International, Inc. from “Overweight ” to a “ Sector Weight”according to a research note from Wednesday October 31st, 2018. Citigroup Reiterated their target price for this stock from $10 to $8, while giving the stock a “Neutral” rating, as stated in a research report from Friday, April 13th, 2018. KeyBanc Capital Mkts, on the other hand, Upgrade a from “Sector Weight ” to “ Overweight” rating on this stock in a research note dated Wednesday, January 24th, 2018.
In other news related to McDermott International, Inc. stock, 86.71% shares of MDR held by institutions. The total number of institutions who held the MDR shares was 415, according to most recent SEC filling. During the past quarter, total 156,593,177 shares held by institutions with the net change of 930,619 shares. In the meantime, 49 new institutions bought the shares of McDermott International, Inc. for the first time and 51 institutions sold all their holdings in the company’s common stock. 175 institutions increased their investment in the MDR stock and 185 institutions decreased their investment in the McDermott International, Inc. (MDR)’s stock during the last quarter.