Vonage Holdings (VG) : During the past 4 weeks, traders have been relatively bearish on Vonage Holdings (VG), hence the stock is down -2.93% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.27% relative to the S&P 500. The 4-week change in the price of the stock is -0.51% and the stock has fallen -1.86% in the past 1 week.
Vonage Holdings (NYSE:VG): The stock opened at $5.85 on Friday but the bulls could not build on the opening and the stock topped out at $5.91 for the day. The stock traded down to $5.81 during the day, due to lack of any buying support eventually closed down at $5.82 with a loss of -0.51% for the day. The stock had closed at $5.85 on the previous day. The total traded volume was 2,002,380 shares.
The stock has recorded a 20-day Moving Average of 1.46% and the 50-Day Moving Average is 5.99%. Vonage Holdings Corporation is up 42.3% in the last 3-month period. Year-to-Date the stock performance stands at 1.39%.
Vonage Holdings (VG) : Average target price received by Vonage Holdings (VG) is $7.49 with an expected standard deviation of $0.58. The most aggressive target on the stock is $8, whereas the most downbeat target is $7. 7 financial analysts are currently covering the stock.
Vonage Holdings Corp. is a provider of telecommunications and unified communications-as-a-service (UCaaS) solutions, connecting people through cloud-connected devices around the world. The Company offers a scalable session initiation protocol (SIP)-based Voice over Internet Protocol (VoIP) network. Through this technology, it offers voice and messaging services, and other features around the world on various devices. This platform enables a user via a single identity, either a number or user name, to access and utilize services and features by being connected to the Internet over third generation (3G), Long-Term Evolution (LTE), cable or Digital Subscriber Line (DSL) broadband networks. The Company has operations in the United States, the United Kingdom, Brazil, Israel and Canada. Its brand, BasicTalk, is a home phone service offering unlimited calling throughout the United States. It is focused on providing UCaaS solutions to domestic consumers, and small and medium businesses.