Page 5 - Broadcasting Infrastructure News Today

Cellnex Telecom, S.A. (OTCMKTS:CLLNY – Get Rating) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 76,700 shares, a decline of 5.1% from the March 31st total of 80,800 shares. Based on an average daily volume of 156,100 shares, the days-to-cover ratio is […]

Should You Buy or Sell Cellnex Telecom Stock? Get The Latest CLNXF Stock Forecast, Price Target, and Headlines at MarketBeat.

Cellnex Telecom, S.A. (OTCMKTS:CLLNY – Get Rating) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 80,800 shares, a decline of 14.5% from the March 15th total of 94,500 shares. Based on an average trading volume of 154,100 shares, the […]

Citigroup downgraded shares of Cellnex Telecom (OTCMKTS:CLLNY – Get Rating) from a buy rating to a neutral rating in a report published on Tuesday, The Fly reports. A number of other brokerages have also commented on CLLNY. JPMorgan Chase & Co. raised their price target on Cellnex Telecom from €53.00 ($57.61) to €58.00 ($63.04) and […]

Cellnex Telecom, S.A. (OTCMKTS:CLNXF – Get Rating) rose 1.7% during mid-day trading on Tuesday . The stock traded as high as $40.42 and last traded at $39.67. Approximately 504 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 2,307 shares. The stock had previously closed at $39.00. Analysts […]

Cellnex Telecom, S.A. (OTCMKTS:CLLNY – Get Rating) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 94,500 shares, a growth of 18.3% from the February 28th total of 79,900 shares. Based on an average trading volume of 124,200 shares, the […]

Cellnex Telecom, S.A. (OTCMKTS:CLLNY – Get Rating) has earned a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective […]

Shares of Cellnex Telecom, S.A. (OTCMKTS:CLLNY – Get Rating) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price […]

The Central government is also planning to launch an OTT platform for Prasar Bharati to increase the footprint in the rapidly changing broadcasting industry. The government also aims to take FM radio to Tier 2 and Tier 3 cities this year with more auctions for new FM radio stations.

Government plans to auction FM radio stations