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IDT Has Returned 50.3% Since SmarTrend Recommendation (IDT)
[February 03, 2012]

IDT Has Returned 50.3% Since SmarTrend Recommendation (IDT)


Feb 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for IDT (NYSE:IDT) on October 7th, 2011 at $18.98. In approximately 4 months, IDT has returned 50.25% as of today's recent price of $9.44.

In the past 52 weeks, IDT share prices have been bracketed by a low of $8.76 and a high of $30.46 and are now at $9.44, 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.8% while the 200-day MA has slid 1.9%.

IDT Corporation provides prepaid debit and rechargeable calling cards, wholesale carrier services, and consumer local and long distance phone services. The Company also has operations that enable it to acquire, finance, and produce animated entertainment programming and to distribute home entertainment content to the mass market. IDT also has brochure distribution and radio operations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of IDT.


Log in and add IDT (IDT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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