Elauwit Connection, Inc. Common Stock (ELWT)
Elauwit Connection, Inc. Common Stock operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Columbia, SC, US. The stock last traded at $7.13, down 1.59% on the session, giving a market capitalisation of $47.2M. On trailing twelve-month figures it carries a trailing P/E of -4.67, a net margin of -53.1%. Its beta of 1.61 implies it has historically moved more than the broad market.
Elauwit Connection, Inc. delivers broadband internet networks to multifamily residences and student housing developments across the United States. The company manages the entire process of fiber optic and WiFi network deployment within each contracted property, including initial design, installation, ongoing operation, and maintenance. Their service portfolio extends to providing bandwidth, offering continuous 24/7 network monitoring, performing essential network upkeep, and delivering resident support. Elauwit caters to a variety of clients, such as wholesale partners, Real Estate Investment Trusts (REITs), property owners, and property management companies. Founded in 2019, its main corporate office is located in Cheyenne, Wyoming.