On Monday, Shares of Zayo Group Holdings Inc (NYSE: ZAYO) showed the bearish trend with a lower momentum of -0.16% and ended its trading session at $36.42. The company traded total volume of 1.99M shares as contrast to its average volume of 2.70M shares. The company has a market value of $8.95B and about 245.76M shares outstanding. During the 52-week trading session, the minimum price at which share price traded was registered at $29.73 and reached the max level of $37.95.
Zayo Group Holdings, Inc. (ZAYO), a global leader in Communications Infrastructure, declared results for the three months ended March 31, 2018.
Third quarter operating income increased $1.30M and net income increased by $11.90M over the previous quarter. Basic and diluted net income per share during the third fiscal quarter was $0.09. During the three months ended March 31, 2018, capital expenditures were $195.10M.
As of March 31, 2018, the Company had $329.30M of cash and $442.00M available under its revolving credit facility.
The Company offered net profit margin of 3.10% while its gross profit margin was 63.80%. ROE was recorded as 5.50% while beta factor was 0.49. The stock, as of recent close, has shown the weekly upbeat performance of 0.17% which was maintained at -1.03% in this year.