Cable One Inc traded at $48.80 this Friday May 15th, decreasing $2.30 or 4.50 percent since the previous trading session. Looking back, over the last four weeks, Cable One lost 54.56 percent. Over the last 12 months, its price fell by 69.34 percent. Looking ahead, we forecast Cable One Inc to be priced at 61.11 by the end of this quarter and at 57.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cable One, Inc. is a broadband communications provider. The Company provides residential customers with an array of connectivity and entertainment services, including Gigabit speeds, advanced wireless fidelity (Wi-Fi), and video. It provides services that are similar to those provided by cable companies, telephone companies and fiber providers, among others. Its three primary product lines include residential data, residential video and business services. Its broadband plant generally consists of a fiber-to-the-premises or hybrid fiber-coaxial (HFC) network with ample unused capacity. It offers Sparklight TV, an Internet protocol-based (IPTV) video service that allows customers with its Sparklight TV app to stream its video channels from the cloud. Its customers are located in seven states: Arizona, Idaho, Mississippi, Missouri, Oklahoma, South Carolina and Texas. It provides services to more than 1.1 million residential and business customers out of approximately 2.8 million homes.