IDT (IDT) Earns Daily Coverage Optimism Score of 0.12

Press coverage about IDT (NYSE:IDT) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IDT earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.5266290632154 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of IDT traded down $0.07, reaching $5.19, during trading hours on Friday, Marketbeat Ratings reports. The stock had a trading volume of 84,280 shares, compared to its average volume of 226,491. IDT has a 12 month low of $4.82 and a 12 month high of $16.48.

IDT (NYSE:IDT) last announced its earnings results on Tuesday, June 5th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. IDT had a negative net margin of 0.89% and a positive return on equity of 0.06%. The business had revenue of $365.41 million during the quarter.

Several equities analysts have recently weighed in on the stock. TheStreet downgraded shares of IDT from a “c-” rating to a “d+” rating in a research note on Friday, April 27th. ValuEngine downgraded shares of IDT from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd.

In related news, Director Judah Schorr bought 20,000 shares of the company’s stock in a transaction on Wednesday, July 18th. The stock was acquired at an average cost of $5.45 per share, for a total transaction of $109,000.00. Following the completion of the transaction, the director now directly owns 107,620 shares in the company, valued at approximately $586,529. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 21.80% of the company’s stock.

IDT Company Profile

IDT Corporation, through its subsidiaries, operates primarily in the telecommunications and payment industries in the United States and internationally. It operates in three segments: Telecom Platform Services, Unified Communications as a Service, and Consumer Phone Services. The Telecom Platform Services segment offers retail telecommunication products, including international long-distance calling products primarily to foreign-born communities; payment offerings, such as international and domestic airtime top-up, and international money transfer services; and wholesale international long distance traffic termination services for tier 1 fixed line and mobile network operators, as well as for other service providers.

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

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