Neutral Tandem Stock Hits New 52-Week Low (TNDM)

NEW YORK ( TheStreet) -- Neutral Tandem (Nasdaq: TNDM) hit a new 52-week low Friday as it is currently trading at $9.84, below its previous 52-week low of $9.87 with 171,910 shares traded as of 12:10 p.m. ET. Average volume has been 329,000 shares over the past 30 days.

Neutral Tandem has a market cap of $347.8 million and is part of the technology sector and telecommunications industry. Shares are down 23.3% year to date as of the close of trading on Thursday.

Neutral Tandem, Inc. provides voice, Internet protocol (IP) transit, and Ethernet telecommunications services worldwide. It offers voice interconnection services primarily to competitive carriers, including wireless, wireline, cable, and broadband telephony companies. The company has a P/E ratio of 12.2, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Neutral Tandem as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Neutral Tandem Ratings Report.

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