NFV NEWS

TMCNet:  Shares of CBEY Down 19.9% Since Downtrend Call on Shares

[November 21, 2012]

Shares of CBEY Down 19.9% Since Downtrend Call on Shares

Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cbeyond (NASDAQ:CBEY) on October 19th, 2012 at $8.65. In approximately 1 month, Cbeyond has returned 19.88% as of today's recent price of $6.93.

In the past 52 weeks, Cbeyond share prices have been bracketed by a low of $5.61 and a high of $10.19 and are now at $6.93, 24% above that low price. The 200-day and 50-day moving averages have moved 0.12% lower and 0.39% lower over the past week, respectively.


Cbeyond, Inc. offers telecommunications services to small businesses. The Company offers local and long distance telephone services, T-1 Internet access, and Internet-based applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cbeyond.

Log in and add Cbeyond (CBEY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To NFVZone's Homepage ]