IDT Corporation [NYSE: IDT] closed the trading session at $9.57 on 10/02/20. The day’s price range saw the stock hit a low of $8.15, while the highest price level was $10.49.
The stocks have a year to date performance of 32.73 percent and weekly performance of 51.66 percent. The stock has been moved at 87.28 percent over the last six months. The stock has performed 44.13 percent around the most recent 30 days and changed 50.24 percent over the most recent 3-months.
If compared to the average trading volume of 82.78K shares, IDT reached to a volume of 11863000 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about IDT Corporation [IDT]:
Chardan Capital Markets have made an estimate for IDT Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 07, 2013. While these analysts kept the previous recommendation, Chardan Capital Markets raised their target price from $15 to $18. The new note on the price target was released on May 15, 2013, representing the official price target for IDT Corporation stock. On March 12, 2008, analysts decreased their price target for IDT shares from 6 to 4.
The Average True Range (ATR) for IDT Corporation is set at 0.61, with the Price to Sales ratio for IDT stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 3.54.
IDT stock trade performance evaluation
IDT Corporation [IDT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 51.66. With this latest performance, IDT shares gained by 44.13% in over the last four-week period, additionally plugging by 87.28% over the last 6 months – not to mention a drop of -6.27% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IDT stock in for the last two-week period is set at 77.38, with the RSI for the last a single of trading hit 83.43, and the three-weeks RSI is set at 73.00 for IDT Corporation [IDT]. The present Moving Average for the last 50 days of trading for this stock 6.72, while it was recorded at 7.22 for the last single week of trading, and 6.59 for the last 200 days.
IDT Corporation [IDT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and IDT Corporation [IDT] shares currently have an operating margin of +1.59 and a Gross Margin at +17.93. IDT Corporation’s Net Margin is presently recorded at +1.59.
Return on Total Capital for IDT is now 32.48, given the latest momentum, and Return on Invested Capital for the company is 30.98. Return on Equity for this stock inclined to 32.71, with Return on Assets sitting at 5.05. When it comes to the capital structure of this company, IDT Corporation [IDT] has a Total Debt to Total Equity ratio set at 9.83. Additionally, IDT Total Debt to Total Capital is recorded at 8.95, with Total Debt to Total Assets ending up at 1.82. Long-Term Debt to Equity for the company is recorded at 9.83, with the Long-Term Debt to Total Capital now at 8.95.
Receivables Turnover for the company is 26.33 with a Total Asset Turnover recorded at a value of 3.17.
IDT Corporation [IDT]: Insider Ownership positions
There are presently around $108 million, or 47.12% of IDT stock, in the hands of institutional investors. The top three institutional holders of IDT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 1,745,597, which is approximately -2.654% of the company’s market cap and around 32.96% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 1,408,078 shares of the stock with an approximate value of $13.47 million in IDT stocks shares; and BLACKROCK INC., currently with $12.22 million in IDT stock with ownership of nearly -1.702% of the company’s market capitalization.
Positions in IDT Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 24 institutional holders increased their position in IDT Corporation [NYSE:IDT] by around 1,009,703 shares. Additionally, 39 investors decreased positions by around 979,949 shares, while 13 investors held positions by with 9,305,991 shares. The mentioned changes placed institutional holdings at 11,295,643 shares, according to the latest SEC report filing. IDT stock had 10 new institutional investments in for a total of 853,735 shares, while 11 institutional investors sold positions of 127,384 shares during the same period.