United States Cellular Corporation (NYSE:USM) traded at a new 52-week high today of $38.32. This new high was reached on below average trading volume as 86,000 shares traded hands, while the average 30-day volume is approximately 137,000 shares.
United States Cellular Corporation (NYSE:USM) is currently priced 2.7% above its average consensus analyst price target of $37.20.
United States Cellular Corp is a US-based wireless telecommunications service provider. It provides service to postpaid and prepaid customers from a variety of demographic segments. The company also offers smartphones, tablets, and other connected devices that are backed by the company’s high-speed networks, including a fourth-generation (4G) Long-Term Evolution (LTE) network. It derives revenue in the form of service revenue and equipment revenue, of which a majority of the revenue is derived from the provision of services. All the wireless operating markets of the company are in the United States.
In the past 52 weeks, shares of United States Cellular Corporation have traded between a low of $26.98 and a high of $38.32 and is now at $38.22, which is 42% above that low price.
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