Altice USA Inc (NYSE:ATUS) saw unusually large options trading activity on Tuesday. Stock investors purchased 2,572 call options on the stock. This represents an increase of 1,247% compared to the typical volume of 191 call options.
Shares of Altice USA (NYSE:ATUS) opened at $19.97 on Thursday. The firm has a market cap of $14,710.00 and a PE ratio of -14.37. The company has a debt-to-equity ratio of 6.82, a quick ratio of 0.32 and a current ratio of 0.32. Altice USA has a 12 month low of $17.80 and a 12 month high of $35.29.
A number of large investors have recently added to or reduced their stakes in ATUS. Vanguard Group Inc. purchased a new stake in shares of Altice USA during the 2nd quarter valued at about $67,939,000. FMR LLC purchased a new stake in shares of Altice USA during the 2nd quarter valued at about $57,079,000. Goldman Sachs Group Inc. purchased a new stake in shares of Altice USA during the 2nd quarter valued at about $14,162,000. Macquarie Group Ltd. purchased a new stake in shares of Altice USA during the 2nd quarter valued at about $877,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Altice USA during the 2nd quarter valued at about $1,801,000. Institutional investors and hedge funds own 14.21% of the company’s stock.
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About Altice USA
Altice USA, Inc is engaged in providing broadband communications and video services in the United States. The Company’s segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area.
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