Sprint Nextel Corporation(NYSE:S) provider of comprehensive range of wireless and wire line communications services joined the EPA and other electronics leaders, for the purpose of signing of the Sustainable Materials Management (SMM) Electronics Challenge.
Sprint is the first and only wireless company which is participating in the program. Sprint was also the main and major wireless provider of the United States to buy back mobile devices from any carrier and to deal customers an immediate credit in-store to reappearance of their old phone.
Sprint Nextel Corporation (NYSE:S) trade with volume of 89,371,600 shares in last session was unexpectedly higher versus average trading capacity of 62.07 million shares. The stock at opening bell was at $5.48 gained the maximum price level of $5.70 and then finished the day at $5.65 by scoring +3.86%.
Sprint Nextel remained successful in generating revenue of 34.63 billion in the trailing twelve months and made net income of -$3841.00 million. The Company maintained a negative -11.09% for the net profit margin and in its operating margin it had -3.22%. Company’s yearly revenue increase for the last five year was -3.86%.
The Sprint Nextel painted price to sales ratio of 0.49 and price to cash ratio at 2.51 for past 12 months. As far as the returns from the company is concern, return on asset remained as -7.83%.
The stock showed upbeat performance of 7.41% for the week which for the last 21 trading days was maintained at +15.78%. Likewise the positive performance for the trailing 3 months was recorded as +71.73% and in last 252 trading days which equals to a year was +87.71% while the performance so far in current year remained at +141.45%.
Fast Moving Stock does not own any shares or plan to get a position(s) in the company(s) anytime soon. Moreover, we have not been compensated for the posting of this article/report/analysis, as this is just an opinion of our writer/contributor. Not recommandation to buy or sell any stocks Read full