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Vonage Shares Up 34.4% Since SmarTrend's Buy Recommendation (VG)

By Amy Schwartz

SmarTrend identified an Uptrend for Vonage (NYSE:VG) on June 1st, 2016 at $4.62. In approximately 5 months, Vonage has returned 34.42% as of today's recent price of $6.21.

Over the past year, Vonage has traded in a range of $3.81 to $7.42 and is now at $6.21, 63% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.

Vonage Holdings Corporation provides telecommunications services. The Company offers technology that uses customers existing high-speed Internet connection to make and receive phone calls worldwide with a touch-tone telephone.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Vonage shares.

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

Keywords: spotlights vonage

Ticker(s): VG