AboveNet Inc ABVT:NYSE
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Sector: Services Industry: Communications Services
53.57 Arrow Down-2.24   -4.01% 215,074 Market data is delayed by at least 20 minutes.
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Latest News Headlines for AboveNet Inc

Monday 11/16/2009 12:07 PM ET - PR Newswire

Phoenix NAP, a next generation datacenter and network access point, announced today a significant step in bringing more connectivity options to its clients and Phoenix-area businesses. AboveNet, Inc. has completed an expansion that brings its fiber into the datacenter.

Wednesday 11/11/2009 3:01 PM ET - BusinessWire

AboveNet, Inc. (NYSE: ABVT), a leading provider of high-bandwidth connectivity solutions, will present at the Thomas Weisel Partners Emerging Communications Conference 2009 on Wednesday, November 18, 2009. The conference is being held at the Intercontinental Hotel in New York City.

Earlier Headlines - view recent headlines
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Bid/Size

--/--

Ask/Size

55.03

Price Open

55.81

Previous Close

55.61

Day High

52.90

Day Low

--

Beta (5yr)

56.93/11/16/09

52wk High/Date

10.50/12/23/08

52wk Low/Date

1.3 Billion

Market Capitalization

24.2 Million

Shares Outstanding

63.72

Volatility Avg (1 Year)

187.9 Thousand

Avg Vol (10 day)

20.7x

P/E Ratio

--

EPS (TTM)

Abovenet Inc does not pay dividends.

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Abovenet Inc vs. Peers

Company Market Cap YTD Price Performance
ABVT

AboveNet Inc

100.0B
Scale is unavailable
VZ

Verizon Communications Inc.

86.4B
-10.2%
T

AT&T Inc.

153.5B
-8.7%
LVLT

Level 3 Communications, Inc.

2.0B
+72.9%
CCOI

Cogent Communications Group, Inc.

361.9M
+24.5%

Company Background

AboveNet, Inc. (AboveNet) provides high bandwidth connectivity solutions primarily to corporate enterprise clients and communication carriers in the United States and the United Kingdom. The Company's communications infrastructure and global Internet protocol (IP) network are used by a range of companies, such as commercial banks, brokerage houses, insurance companies, investment banks, media companies, social networking companies, Web-centric companies, law firms and medical and health care institutions. The Company provides lit broadband services over its metro networks, long haul network and global IP network utilizing equipment that it owns and operates. In addition, it also provides dark fiber services to customers.

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