TeleNav (NASDAQ:TNAV) target price raised to $15.00, issued a report today by FBR & Co.
- Updated: October 16, 2016
Having a price of $5.74, TeleNav (NASDAQ:TNAV) traded -0.17% lower on the day. With the last stock price up 6.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TNAV has recorded a 50-day average of $5.65 and a two hundred day average of $5.37. Trade Volume was down over the average, with 56,897 shares of TNAV changing hands under the typical 61,508
TeleNav (NASDAQ:TNAV) had its target bumped up to $15.00 by FBR & Co. in a report released 10/17/2016. The bumped up target indicates a possible upside of 1.61% based on the company's previous stock price.
Recent Performance Chart
TeleNav has with a one year low of $4.47 and a one year high of $7.62 and has a total market value of $0.
Brief Synopsis About TeleNav (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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