Ooma Inc (NYSE:OOMA) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 25, 2016
Zacks Investment Research has upgraded Ooma Inc (NYSE:OOMA) to Hold in a report released on 9/21/2016.
Only yesterday Ooma Inc (NYSE:OOMA) traded 1.44% higher at $9.06. Ooma Inc’s 50-day average is $8.77 and its two hundred day average is $7.61. The last closing price is up 20.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. Volume of trade was up over the average, with 100,048 shares of OOMA changing hands over the typical 50,345
With a total market value of $0, Ooma Inc has with a 52 week low of $5.43 and a 52 week high of $9.92 .
Also covering Ooma Inc's price target, a total of 4 analysts have released a report on the company. The average stock price target is $14.50 with 2 firms rating the stock a strong buy, three analysts rating the stock a buy, 0 brokerages rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the company a sell.
General Company Details For Ooma Inc (NYSE:OOMA)
Ooma, Inc. is a provider of communications solutions and other connected services to small business, home and mobile users. The Company's hybrid software as a service (SaaS) platform consists of its cloud, on premise appliances, mobile applications and end-point devices. The Company's communications solutions deliver its PureVoice high-definition (HD) voice quality and integration with mobile devices. Its platform helps create smart workplaces and homes by providing value-added communications and other connected services and by integrating end-point devices to enable the Internet of Things. Its platform and solutions provide communications, productivity, automation, monitoring, safety, security and networking infrastructure applications to its users. It product, Ooma Office, consists of an on premise appliance an Ooma Linx end-point device, which wirelessly connects regular desktop telephones to the user's Internet connection. Its product, Ooma Telo, is a home communications solution.
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