Elephant Talk Communications (ETAK) Jumps: Stock Rises 15.6% - Tale of the Tape

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Elephant Talk Communications Corp. ( ETAK ) was a big mover last session, as the company saw its shares rise by nearly 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 79% in the past one-month time frame.

The company has seen no estimate revision and its Zacks Consensus Estimate remained unchanged over the past 30-day time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Elephant Talk currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.

Investors interested in the technology sector may consider stocks like ID Systems Inc. ( IDSY ), Inteliquent, Inc. ( IQNT ) and Telenav, Inc. ( TNAV ). While Telenav carries a Zacks Rank #1 (Strong Buy), ID Systems and Intelliquent carry a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ETAK , IDSY , IQNT , TNAV

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As of 4/17/2014, 04:07 PM