R Squared Ltd Buys New Shares in WideOpenWest, Inc. (NYSE:WOW)

R Squared Ltd purchased a new stake in shares of WideOpenWest, Inc. (NYSE:WOW) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 19,675 shares of the company’s stock, valued at approximately $98,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Burns Matteson Capital Management LLC bought a new position in shares of WideOpenWest during the 3rd quarter valued at approximately $57,000. Corsair Capital Management L.P. bought a new position in shares of WideOpenWest in the third quarter worth approximately $63,000. Intech Investment Management LLC purchased a new stake in shares of WideOpenWest in the third quarter worth $69,000. Wedmont Private Capital bought a new stake in shares of WideOpenWest during the 3rd quarter valued at $86,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of WideOpenWest during the 3rd quarter valued at $110,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

WideOpenWest Trading Down 2.0 %

Shares of WideOpenWest stock opened at $4.19 on Friday. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.58 and a current ratio of 0.58. The company has a fifty day moving average of $4.79 and a 200 day moving average of $5.12. The company has a market capitalization of $354.80 million, a P/E ratio of -3.74 and a beta of 1.48. WideOpenWest, Inc. has a fifty-two week low of $2.31 and a fifty-two week high of $5.80.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings data on Monday, November 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.17). The company had revenue of $158.00 million for the quarter, compared to analysts’ expectations of $157.46 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The company’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same period last year, the business earned ($1.29) earnings per share. On average, sell-side analysts anticipate that WideOpenWest, Inc. will post -0.72 earnings per share for the current fiscal year.

WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.