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

NEW YORK ( TheStreet) -- Neutral Tandem (Nasdaq: TNDM) hit a new 52-week low Wednesday as it is currently trading at $9.75, below its previous 52-week low of $9.78 with 129,108 shares traded as of 3:46 p.m. ET. Average volume has been 285,500 shares over the past 30 days.

Neutral Tandem has a market cap of $318.3 million and is part of the technology sector and telecommunications industry. Shares are down 29.8% year to date as of the close of trading on Tuesday.

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 11.1, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your TNDM trading strategies and win cash in our stock game.

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.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Dow Tumbles, Stocks Slide on Renewed Trade War Concerns

Dow Tumbles, Stocks Slide on Renewed Trade War Concerns

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Jim Cramer: Centene Is in All the Big Medicare Markets

Jim Cramer: Centene Is in All the Big Medicare Markets

Jim Cramer on the Markets: I Struggle With How Negative Things Are

Jim Cramer on the Markets: I Struggle With How Negative Things Are