United States Cellular (NYSE:AD) Stock Rating Upgraded by Wall Street Zen

United States Cellular (NYSE:AD) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

United States Cellular Stock Performance

United States Cellular stock opened at $74.98 on Friday. The company has a current ratio of 1.87, a quick ratio of 1.71 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $6.37 billion, a price-to-earnings ratio of -249.93 and a beta of 0.38.

Insider Transactions at United States Cellular

In other news, CEO Douglas W. Chambers sold 93,300 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $75.77, for a total value of $7,069,341.00. Following the transaction, the chief executive officer owned 17,600 shares of the company’s stock, valued at $1,333,552. This trade represents a 84.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

United States Cellular Company Profile

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices.