Weakness Seen in Consolidated Communications Holdings (CNSL): Stock Declines 6.7% - Tale of the Tape

Consolidated Communications Holdings Inc. CNSL saw a big move last session, as the company's shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $19.28 to $20.36 in the past one-month time frame.  

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump. 
 
CNSL currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the technology sector include Adobe Systems Inc. ADBE, Ansys, Inc. ANSS and Informatica Corporation INFA. All these stocks carry a Zacks Rank #2 (Buy).

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ADOBE SYSTEMS ADBE: Free Stock Analysis Report
 
ANSYS INC ANSS: Free Stock Analysis Report
 
CONSOL COMM IL CNSL: Free Stock Analysis Report
 
INFORMATICA CRP INFA: Free Stock Analysis Report
 
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