Vonage Holdings Corp. [VG] has traded in a range of $4.18 to $12.98 in the last 1 year. As of this writing, the stock is at $9.89, down -6.17%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, VG shares are -2.42% down with the monthly amount drift of -11.46% and seems bad in a long time frame.

Analyst Birdseye View:

The most recent analyst activity for Vonage Holdings Corp. [NASDAQ:VG] stock was on July 28, 2020, when it was Initiated with a Neutral rating from Rosenblatt, which also raised its 12-month price target on the stock to $12. Before that, on August 18, 2020, Morgan Stanley Recapitulated an Equal-weight rating and elevated its amount target to $13. On June 09, 2020, Jefferies Downgrade a Hold rating and boosted its price target on this stock to $11. On March 25, 2020, Morgan Stanley Upgrade an Overweight rating and increased its price target to $7.50. On February 19, 2020, Dougherty & Company Reiterated a Buy rating and increased its price target to $16.50. On December 23, 2019, Needham Reiterated a Buy rating and boosted its amount target on this stock to $11. On November 27, 2019, JP Morgan Initiated a Neutral rating and boosted its target amount on this stock to $9.50. Morgan Stanley elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.18 and a peak of $12.98. At the most recent market close, shares of Vonage Holdings Corp. [NASDAQ:VG] were valued at $9.89.

FUNDAMENTAL ANALYSIS

Vonage Holdings Corp. [NASDAQ:VG] most recently reported quarterly sales of 310.53 billion, which represented growth of 4.30%. This publicly-traded organization’s revenue is $525,330 per employee, while its income is -$8,605 per employee. This company’s Gross Margin is currently 56.50%, its Operating Margin is 1.30%, its Pretax Margin is -2.20, and its Net Margin is -1.64. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.48, -3.53, 0.64 and -1.81 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 49.48 and the whole liability to whole assets at 40.69. It shows enduring liability to the whole principal at 48.37 and enduring liability to assets at 0.40 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.66 points at 1st support level, the second support level is making up to 9.44. But as of 1st resistance point, this stock is sitting at 10.32 and at 10.76 for 2nd resistance point.

Vonage Holdings Corp. [VG] reported its earnings at $0.04 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.04/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.05 calling estimates for $0.01/share with the difference of 0.04 depicting the surprise of 400.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Vonage Holdings Corp. [NASDAQ:VG] is 0.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.09. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.51 and it’s amount to book ratio is 3.17.

Insider Stories

Shifting our attention to insider trading activity, in the last 3 months, 7 insider sales representing 698,194 shares. During the past six months, there have been 29 insider buys representing 1,767,989 shares and 11 insider sales representing 921,772 shares. The most recent insider trade was by READ RORY P, Chief Executive Officer, and it was the purchase of 17870.0 shares on Aug 26. READ RORY P, the Chief Executive Officer, completed a purchase of 16935.0 shares on Aug 14. On Aug 04, PEARSON DAVID T., Chief Financial Officer, completed a sale of 0.31 million shares.