Stock To Watch: Tangoe, Inc. (NASDAQ:TNGO)


The leading market experts have placed a mean price target of $9.13 on Tangoe, Inc. (NASDAQ:TNGO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.07 a share for the upcoming quarter and $0.34 for the current fiscal. Technical View The technical analysis of Tangoe, Inc. plainly substantiates that the 50-day moving average of Tangoe, Inc. is $8.02, and stock is hovering -0.20 or -2.51% distant from $8.02. It is noted that the 200-day MA is $7.98, and Tangoe, Inc. stock is $-0.16 or -1.99% off from this point. Tangoe, Inc. (NASDAQ:TNGO) 52-week high is $12.99 and the 52-week low is $5.32. This explains if the stock moves $-5.17, it will post a 52-week high. In event of $+46.99% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Tangoe, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Tangoe, Inc. (NASDAQ:TNGO) ratio came in at N/A. The stock last ended the trading session at $7.82 and registered a market cap of $308.34M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Tangoe, Inc. (NASDAQ:TNGO) PEG ratio is at 6.60.

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