Cellnex Telecom (OTCMKTS:CLNXF – Get Free Report) is expected to be posting its results before the market opens on Friday, February 27th. Analysts expect Cellnex Telecom to post earnings of $0.2525 per share and revenue of $1.0612 billion for the quarter.
Cellnex Telecom Trading Down 2.1%
OTCMKTS CLNXF traded down $0.75 on Friday, hitting $35.61. 808 shares of the stock were exchanged, compared to its average volume of 1,944. The company’s 50-day moving average price is $31.95 and its two-hundred day moving average price is $32.95. Cellnex Telecom has a 52-week low of $28.67 and a 52-week high of $40.61.
About Cellnex Telecom
Cellnex Telecom is a leading independent operator of wireless telecommunications infrastructure in Europe. Headquartered in Madrid, the company specializes in the development, management and leasing of passive and active network assets for mobile network operators, broadcasters, public safety agencies and enterprise clients. Its core offerings include traditional tower sites, rooftop installations and in-building distributed antenna systems (DAS), alongside newer solutions such as small cells, fiber connectivity and edge computing nodes.
Founded in 2015 as a spin-off from Abertis Infraestructuras, Cellnex has grown rapidly through a combination of organic roll-outs and strategic acquisitions.
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