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


The leading market experts have placed a mean price target of $9.83 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 $0.08 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 $8.47, and stock is trading $1.24 points away or +14.64% from its 50-day moving average of $8.47. Further it is trading $1.66 or +20.57% away its 200-day moving average of $8.05. Tangoe, Inc. (NASDAQ:TNGO) 52-week high is $9.84 and the 52-week low is $5.32.

This explains if the stock moves $-0.13, it will post a 52-week high. In event of +82.52% 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 $9.71 and registered a market cap of $382.87M. 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 8.17.

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