Strength Seen in Elephant Talk Communications (ETAK): Stock Up 18.9% - 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 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now almost 3% since Mar 17, 2014.

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 Meru Networks, Inc. ( MERU ) and Inteliquent, Inc. ( IQNT ). Both the stocks carry a Zacks Rank #2 (Buy). Another stock in the broader computer and technology industry is Accelrys Inc. ( ACCL ) with the same rank as Meru Networks.

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MERU NETWORKS (MERU): Free Stock Analysis Report

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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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: ACCL , ETAK , IQNT , MERU

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