Shares of Telephone and Data Systems Inc. (NYSE:TDS) traded at a new 52-week high today of $26.51. This new high was reached on below average trading volume as 102,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
In the past 52 weeks, shares of Telephone and Data Systems Inc. have traded between a low of $16.38 and a high of $26.51 and is now at $26.21, which is 60% above that low price.
Potential upside of 6.0% exists for Telephone and Data Systems Inc., based on a current level of $26.21 and analysts' average consensus price target of $27.79.
Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services to more than 7 million customers. The firm's mobile operations are conducted by its 81%-owned subsidiary, U.S. Cellular, which serves nearly 5 million wireless customers. The firm's wireline operations are conducted by its wholly owned subsidiary, TDS Telecom, which services nearly 1 million phone and Internet access lines in predominantly rural and suburban areas.
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