Elephant Talk Communications Corp. ETAK saw a big move last session, as the company's shares fell by over 13 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $1.2 to $1.5 in the past one-month time frame.
This Telecommunications Software Services provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ETAK currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%
Some better-ranked stocks in the Wireless National industry include Meru Networks, Inc. MERU and Inteliquent, Inc. IQNT. Both the stocks carry a Zacks Rank #2 (Buy).
Investors interested in the Computer and Technology sector may consider a better-ranked stock like Akamai Technologies, Inc. AKAM which holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
This Telecommunications Software Services provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ETAK currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%
Some better-ranked stocks in the Wireless National industry include Meru Networks, Inc. MERU and Inteliquent, Inc. IQNT. Both the stocks carry a Zacks Rank #2 (Buy).
Investors interested in the Computer and Technology sector may consider a better-ranked stock like Akamai Technologies, Inc. AKAM which holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
AKAMAI TECH AKAM: Free Stock Analysis Report
INTELIQUENT INC IQNT: Free Stock Analysis Report
MERU NETWORKS MERU: Free Stock Analysis Report
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