Somewhat Favorable Press Coverage Somewhat Unlikely to Affect IDT Corporation (IDT) Stock Price

Press coverage about IDT Corporation (NYSE:IDT) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. IDT Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 44.4355173313405 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

IDT has been the subject of a number of recent research reports. TheStreet raised shares of IDT Corporation from a “c+” rating to a “b-” rating in a research note on Friday, June 16th. BidaskClub downgraded shares of IDT Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th.

Shares of IDT Corporation (NYSE:IDT) traded up 0.49% during trading on Tuesday, reaching $14.37. 96,462 shares of the company were exchanged. IDT Corporation has a 1-year low of $12.03 and a 1-year high of $23.13. The stock has a market capitalization of $356.89 million, a P/E ratio of 11.41 and a beta of 1.14. The firm has a 50-day moving average price of $14.59 and a 200-day moving average price of $14.96.

In related news, Director Judah Schorr acquired 6,000 shares of the stock in a transaction that occurred on Thursday, June 29th. The stock was purchased at an average price of $14.36 per share, with a total value of $86,160.00. Following the transaction, the director now owns 69,287 shares of the company’s stock, valued at approximately $994,961.32. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased a total of 37,000 shares of company stock valued at $533,460 in the last ninety days. 12.80% of the stock is currently owned by corporate insiders.

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IDT Corporation Company Profile

IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.

Insider Buying and Selling by Quarter for IDT Corporation (NYSE:IDT)

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