Telenav Inc (NASDAQ:TNAV) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Boasting a price of $5.80, Telenav Inc (NASDAQ:TNAV) traded 0.51% higher on the day. With the last stock price close up 9.28% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Telenav Inc has recorded a 50-day average of $5.63 and a two hundred day average of $5.36. Volume of trade was down over the average, with 29,191 shares of TNAV changing hands under the typical 62,623
Zacks Investment Research has downgraded Telenav Inc (NASDAQ:TNAV) to Hold in a statement released on 10/6/2016.
On Tuesday October 04, 2016, Zacks Investment Research released a statement for Telenav Inc (NASDAQ:TNAV) bumped up the target price from $0.00 to $6.50 that suggested an upside of 0.11%.
With a total market value of $0, Telenav Inc has with a 52 week low of $4.47 and a 52 week high of $7.69 .
General Company Details For Telenav Inc (NASDAQ:TNAV)
TeleNav, Inc. (Telenav) is a provider of location-based platform services. The Company's services consist of its automotive and mobile navigation platform and its advertising delivery platform. The Company operates through three segments: automotive, advertising and mobile navigation. The automotive segment provides its map and navigation platform to auto manufacturers and original equipment manufacturers (OEMs) for distribution with their vehicles. The advertising segment provides interactive mobile advertisements on behalf of its advertising clients to consumers based on the location of the user and other targeting capabilities. The mobile navigation segment provides its map and navigation platform to end users through mobile devices. The Company's auto and mobile navigation platform allows it to deliver location-based services to auto manufacturers, developers and end users through various distribution channels, including wireless carriers.
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