Raymond James downgraded Inteliquent (NASDAQ:IQNT) from Outperform to Mkt Perform in a statement released earlier today.
- Updated: September 20, 2016
Raymond James has downgraded Inteliquent(NASDAQ:IQNT) from Outperform to Mkt Perform in a statement released on 9/20/2016.
Previously on Thursday August 20 2015, BWS Financial released a statement about Inteliquent(NASDAQ:IQNT) upped the target price from $22.00 to $40.00 that suggested an upside of 0.00%.
Showing a price of $16.71, Inteliquent (NASDAQ:IQNT) traded 0.00% even on the day. The last close is down 2.41% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the date range. Inteliquent has registered a 50-day average of $16.37 and 200-day moving average of $17.12. 0 shares of the stock traded hands, down from ann avg. trading volume of 478,889
Recent Performance Graph:
With a market capitalization of $0.0, Inteliquent has a P/E of 16 with a one-year low of $14.56 and a 52 week high of $22.86.
Brief Synopsis About Inteliquent (NASDAQ:IQNT)
Inteliquent, Inc. is a provider of voice telecommunications services primarily on a wholesale basis. The Company offers its services using an all-Internet Protocol (IP) network, which enables to deliver connectivity for a range of media, including voice, and data and video. The Company’s solutions enable carriers and other providers to deliver voice traffic or other services where they do not have their own network. These solutions are called off-net services. It also provides solutions to customers, such as over-the-top (OTT) providers. The Company offers a range of services, including Local Transit Service, Long Distance Service, Switched Access Service, International Voice Service, and Direct Inward Dialing Service and 8XX (Toll-Free) Service. The Company offers an alternative to facilitate the exchange of local traffic between various carriers by using its tandem switches instead of the Incumbent Local Exchange Carriers’ (ILECs’) tandems or direct connects.
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