Elephant Talk (ETAK) Looks Good: Stock Jumps 12.8%

Elephant Talk Communications Corp. (ETAK) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too, with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 49.3% in the past one-month time frame.

The company has seen no estimate revision, neither did its Zacks Consensus Estimate change over the past one month. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Elephant Talk currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better performing wireless national stocks include Telenav, Inc. (TNAV), ID Systems Inc. (IDSY) and Inteliquent, Inc. (IQNT). While Telenav holds a Zacks Rank #1 (Strong Buy), both ID Systems and Inteliquent carry a Zacks Rank #2 (Buy).

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ELEPHANT TALK COMMUNICATIONS COR (ETAK): Free Stock Analysis Report

I.D. SYSTEMS INC (IDSY): Free Stock Analysis Report

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