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NYSEAMERICAN:TEUM - Pareteum Stock Price, Forecast & News

$0.41
0.00 (0.00 %)
(As of 12/12/2019 02:07 AM ET)
Today's Range
$0.41
Now: $0.41
$0.42
50-Day Range N/A
52-Week Range
$0.29
Now: $0.41
$5.93
Volume1.39 million shs
Average Volume4.38 million shs
Market Capitalization$46.78 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a SaaS, PaaS, or IaaS basis. It also offers operational support system for channel partners with APIs for integration with third party systems, workflows for complex application orchestration, and customer support with branded portals and plug-ins for various other applications. Pareteum Corporation serves the markets of Internet of Things, mobile virtual network operators, smart cities, and application developers. The company was formerly known as Elephant Talk Communications Corp. and changed its name to Pareteum Corporation in November 2016. Pareteum Corporation is based in New York, New York.

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Telecom Services
Sub-IndustryN/A
SectorCommunication Services
Current SymbolNYSEAMERICAN:TEUM
Previous SymbolNASDAQ:TEUM
CUSIPN/A
Phone+1-212-9841096

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$46.78 million
Next Earnings DateN/A
OptionableNot Optionable

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Pareteum (NYSEAMERICAN:TEUM) Frequently Asked Questions

What is Pareteum's stock symbol?

Pareteum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TEUM."

When did Pareteum's stock split? How did Pareteum's stock split work?

Pareteum shares reverse split on Monday, February 27th 2017. The 1-25 reverse split was announced on Friday, February 17th 2017. The number of shares owned by shareholders was adjusted after the market closes on Friday, February 24th 2017. An investor that had 100 shares of Pareteum stock prior to the reverse split would have 4 shares after the split.

How were Pareteum's earnings last quarter?

Pareteum Corp (NYSEAMERICAN:TEUM) posted its quarterly earnings data on Tuesday, May, 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. The technology company had revenue of $23.04 million for the quarter, compared to analyst estimates of $20.90 million. View Pareteum's Earnings History.

What price target have analysts set for TEUM?

6 brokerages have issued 12 month price objectives for Pareteum's stock. Their forecasts range from $0.75 to $9.00. On average, they anticipate Pareteum's stock price to reach $5.04 in the next year. This suggests a possible upside of 1,129.7% from the stock's current price. View Analyst Price Targets for Pareteum.

What is the consensus analysts' recommendation for Pareteum?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pareteum in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pareteum.

What are Wall Street analysts saying about Pareteum stock?

Here are some recent quotes from research analysts about Pareteum stock:
  • 1. According to Zacks Investment Research, "Pareteum Corporation is a provider of mobile software defined network architecture platforms for the telecommunications industry. The company empowers Mobile Network Operators, Virtual Operators, Enablers and Aggregators with a full suite of applications, superior industry expertise and high quality customer service. Pareteum Corporation, formerly known as Elephant Talk Communications Corp., is based in New York. " (10/19/2019)
  • 2. Maxim Group analysts commented, "Management preannounced 2Q19 results that will exceed consensus estimates for revenue of $26.2M and adjusted EBITDA of $4.1M." (6/28/2019)
  • 3. Northland Securities analysts commented, "We recently spoke with a key customer that attributes much of its success to Pareteum, and sees the ability to scale to several million subscribers on the TEUM platform. Pareteum continues to add senior managers with deep software and comm experience, including the recent head of service delivery. Last week we hosted a management call as well. We believe TEUM continues to set conservative guidance." (6/18/2019)

Has Pareteum been receiving favorable news coverage?

Media headlines about TEUM stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pareteum earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Pareteum.

Who are some of Pareteum's key competitors?

What other stocks do shareholders of Pareteum own?

Who are Pareteum's key executives?

Pareteum's management team includes the folowing people:
  • Mr. Robert H. Turner, Founder, Exec. Chairman & Principal Exec. Officer (Age 69)
  • Mr. Victor Bozzo, Co-Founder & CEO (Age 50)
  • Mr. Edward O'Donnell, Chief Financial Officer (Age 53)
  • Mr. Denis McCarthy, First Pres (Age 43)
  • Mr. Ali Davachi, CTO & COO

Who are Pareteum's major shareholders?

Pareteum's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Sabby Management LLC (1.97%), State Street Corp (1.67%), Perkins Capital Management Inc. (1.03%), Squarepoint Ops LLC (0.26%), SG Americas Securities LLC (0.17%) and Millennium Management LLC (0.15%). View Institutional Ownership Trends for Pareteum.

Which major investors are selling Pareteum stock?

TEUM stock was sold by a variety of institutional investors in the last quarter, including Perkins Capital Management Inc. and Barclays PLC. View Insider Buying and Selling for Pareteum.

Which major investors are buying Pareteum stock?

TEUM stock was acquired by a variety of institutional investors in the last quarter, including Sabby Management LLC, Squarepoint Ops LLC, SG Americas Securities LLC, State Street Corp, Millennium Management LLC, Russell Investments Group Ltd., Oppenheimer & Co. Inc. and Rhumbline Advisers. View Insider Buying and Selling for Pareteum.

How do I buy shares of Pareteum?

Shares of TEUM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Pareteum's stock price today?

One share of TEUM stock can currently be purchased for approximately $0.41.

How big of a company is Pareteum?

Pareteum has a market capitalization of $46.78 million. View Additional Information About Pareteum.

What is Pareteum's official website?

The official website for Pareteum is http://www.pareteum.com/.

How can I contact Pareteum?

Pareteum's mailing address is 1185 Avenue of the Americas Fl 37, NEW YORK, NY 10036-2603, United States. The technology company can be reached via phone at +1-212-9841096.


MarketBeat Community Rating for Pareteum (NYSEAMERICAN TEUM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  383
MarketBeat's community ratings are surveys of what our community members think about Pareteum and other stocks. Vote "Outperform" if you believe TEUM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEUM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2019 by MarketBeat.com Staff

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