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Shares of IDT Down 38.7% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Idt Corp-Class B (NYSE:IDT) on March 26th, 2018 at $9.90. In approximately 3 weeks, Idt Corp-Class B has returned 38.69% as of today's recent price of $6.07.

Idt Corp-Class B share prices have moved between a 52-week high of $23.13 and a 52-week low of $5.50 and are now trading 10% above that low price at $6.07 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has slid 0.3%.

IDT Corporation offers consumer services focused primarily on the telecommunications industry. The Company, through its subsidiaries, provides retail and wholesale telecommunications services and products, including pre-paid and rechargeable calling cards and wholesale carrier services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Idt Corp-Class B.

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

Keywords: spotlights idt corp-class b

Ticker(s): IDT