Pareteum (TEUM) Sets New 12-Month High at $3.75

Shares of Pareteum Corp (NASDAQ:TEUM) reached a new 52-week high during trading on Monday . The company traded as high as $3.75 and last traded at $3.73, with a volume of 7831499 shares trading hands. The stock had previously closed at $3.19.

A number of equities analysts recently weighed in on TEUM shares. Northland Securities started coverage on shares of Pareteum in a research note on Thursday, December 20th. They issued an “outperform” rating for the company. Maxim Group started coverage on shares of Pareteum in a research note on Friday, January 11th. They issued a “buy” rating and a $7.00 target price for the company. Dawson James reaffirmed a “buy” rating on shares of Pareteum in a research note on Thursday, October 25th. Finally, ValuEngine raised shares of Pareteum from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Pareteum has an average rating of “Buy” and an average price target of $7.00.

The company has a market cap of $364.99 million, a PE ratio of -4.44 and a beta of 0.80.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at

Pareteum Company Profile (NASDAQ:TEUM)

Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a SaaS, PaaS, or IaaS basis.

Read More: What is cost of equity?

Receive News & Ratings for Pareteum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pareteum and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit