Trade-Ideas LLC, a company that provides idea generation technology and real-time risk management analytics to investors, identified SBA Communications as a new lifetime high candidate, according to Jamie Hodge at The Street. Trade-Ideas identified SBA Communications as such a stock due to the following factors:
- SBAC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $102.0 million.
- SBAC has traded 865,212 shares today.
- SBAC is trading at a new lifetime high.
On September 16, 2013 Nomura reiterated SBA Communications’ rating as “buy” boosting their target price from $85.00 to $90.00. SBA’s 52-week high/low is $ 85.16 / $ 63.85. “Currently there are 12 analysts that rate SBA Communications a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for SBA Communications has been 1.4 million shares per day over the past 30 days,” according to Hodge.