In last trading session, Pareteum Corporation (NASDAQ:TEUM) saw 4,398,087 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.63 trading at -$0.1 or -12.52% at ring of the bell on the day assigns it a market valuation of $88.15 Million. That closing price of TEUM’s stock is at a discount of -82.54% from its 52-week high price of $1.15 and is indicating a premium of 53.97% from its 52-week low price of $0.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.23 Million shares which gives us an average trading volume of 1.2 Million if we extend that period to 3-months.
For Pareteum Corporation (TEUM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 2 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Pareteum Corporation (NASDAQ:TEUM) trade information
In the face of being in the red today for losing -12.52%, in the last five days TEUM remained trading in the green while hitting it’s week-highest on Friday, Oct 09 when the stock touched $0.8393 price level, adding 24.34% to its value on the day. Pareteum Corporation’s shares saw a change of 45.21% in year-to-date performance and have moved -24.02% in past 5-day. Pareteum Corporation (NASDAQ:TEUM) showed a performance of 2.11% in past 30-days. Number of shares sold short was 13.75 Million shares which calculate 11.46 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $0.75 to the stock, which implies a rise of 19.05% to its current value. Analysts have been projecting $0.75 as a low price target for the stock while placing it at a high target of $0.75. It follows that stock’s current price would jump +19.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of 19.05% for stock’s current value.
Pareteum Corporation (TEUM) estimates and forecasts
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $33.13 Million for the same. And 1 analysts are in estimates of company making revenue of $33.74 Million in the next quarter that will end in December 01, 2019. Company posted $8.01 Million and $14.31 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 313.7% while estimating it to be 135.7% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%