NEW YORK ( TheStreet) -- IDT Corporation (NYSE: IDT) hit a new 52-week high Monday as it is currently trading at $30.26, above its previous 52-week high of $30.12 with 27,867 shares traded as of 9:36 a.m. ET. Average volume has been 281,300 shares over the past 30 days.

IDT has a market cap of $498.2 million and is part of the technology sector and telecommunications industry. Shares are up 15.4% year to date as of the close of trading on Friday.

IDT Corporation operates as a telecommunications and energy company. It operates in three segments: Telecom Platform Services, Consumer Phone Services, and Genie Energy. The company has a P/E ratio of 15.4, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 16.8.
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TheStreet Ratings rates IDT as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full IDT Ratings Report.

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