IDT Corporation Class B (NYSE:IDT) traded today at a new 52-week high of $49.51. So far today approximately 142,000 shares have been exchanged, as compared to an average 30-day volume of 236,000 shares.
Over the past year, IDT Corporation Class B has traded in a range of $5.95 to $49.51 and is now at $48.12, 709% above that low.
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.
IDT Corporation Class B (NYSE:IDT) is currently priced 79.8% above its average consensus analyst price target of $9.72.
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