Pareteum Corporation (TEUM) Stock Could Soon Reward Patient Investors

Pareteum Corporation (NASDAQ: TEUM) is 30.37% higher on its value in year-to-date trading and has touched a low of $0.29 and a high of $3.82 in the current 52-week trading range. The TEUM stock was last observed hovering at around $0.57 in the recent trading session, with the current gains setting it 0.01% off its average median price target of $0.75 for the next 12 months. It is also 22.67% off the consensus price target high of $0.75 offered by 2 analysts, but current levels are 22.67% higher than the price target low of $0.75 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


At last check, trading at $0.58, the stock is -13.75% and -0.10% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.46 million and changing 1.74% at the moment leaves the stock -3.72% off its SMA200. TEUM registered -80.61% loss for a year compared to 6-month loss of -25.45%. The firm has a 50-day simple moving average (SMA 50) of $0.5912 and a 200-day simple moving average (SMA200) of $0.5664.

The stock witnessed a -0.85% gain in the last 1 month and extending the period to 3 months gives it a 36.81%, and is -8.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.68% over the week and 14.20% over the month.

Pareteum Corporation (TEUM) has around 138 employees, a market worth around $79.14M and $79.51M in sales. Fwd P/E is 3.80. Distance from 52-week low is 98.36% and -84.82% from its 52-week high.

Pareteum Corporation (TEUM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Pareteum Corporation (TEUM) is a “Hold”. 2 analysts offering their recommendations for the stock have an average rating of 3.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Pareteum Corporation quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $33.13M over the same period., but quarterly earnings will post 287.70% year-over-year. Quarterly sales are estimated to grow 313.70% in year-over-year returns.

Pareteum Corporation (TEUM) Top Institutional Holders

93 institutions hold shares in Pareteum Corporation (TEUM), with 6.63M shares held by insiders accounting for 5.93% while institutional investors hold 35.45% of the company’s shares. The shares outstanding are 138.82M, and float is at 103.89M with Short Float at 19.77%. Institutions hold 33.35% of the Float.


Pareteum Corporation (TEUM) Insider Activity

A total of 5 insider transactions have happened at Pareteum Corporation (TEUM) in the last six months, with sales accounting for 0 and purchases happening 5 times.



Pareteum Corporation (TEUM): Who are the competitors?

The company’s main competitors (and peers) include Cogent Communications Holdings Inc. (CCOI) that is trading 30.87% up over the past 12 months. International Business Machines Corporation (IBM) is -16.35% down on the 1-year trading charts. Short interest in the company’s stock has fallen -14.9% from the last report on May 14, 2020 to stand at a total of 23.6 million short shares sold with a short interest ratio of 5.13.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free