IDT Corporation (IDT) stock is higher by 0.96% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With IDT Stock Today?
IDT Corporation (IDT) stock is lower by -5.56% while the S&P 500 is higher by 0.16% as of 3:15 PM on Wednesday, Nov 18. IDT has fallen -$0.55 from the previous closing price of $9.99 on volume of 80,707 shares. Over the past year the S&P 500 is higher by 15.80% while IDT is higher by 49.13%. IDT earned $0.81 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.64.
To screen for more stocks like IDT Corporation click here.
More About IDT Corporation
IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has two reportable business segments, Telecom & Payment Services, and net2phone. The Telecom & Payment Services segment that derives majority revenue provides retail telecommunications and payment offerings as well as wholesale international long-distance traffic termination. The net2phone segment provides unified cloud communications and telephony services to business customers.
Click Here to get the full Stock Score Report on IDT Corporation (IDT) Stock.
