Shenandoah Communications shares continue to rise

Shenandoah Communications reported third-quarter earnings of $15.5 million on Tuesday morning.

Stock market values for the telecommunications company based in Edinburg have bounced back from a year-low of $30.25 per share. Stocks closed at $38.28 per share on Monday evening.

In the last 52 weeks, stock in the company has reached as high as $39.71 per share. On Nov. 2 the market closed at $39.41 per share, the highest it has been in that period of time.

Shentel reported a net earning of 31 cents per share in the third quarter of 2018. In the same quarter of 2017, Shentel reported a net income of $3.5 million and 7 cents per share.