Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $7.130 on Vonage Holdings Corp. (NYSE:VG) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.300 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Vonage Holdings Corp. (NYSE:VG) stands at 54.861. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Vonage Holdings Corp. Common St, the PEG ratio for coming 3-5 years is -10.650. Technical Analysis The technical analysis highlights that Vonage Holdings Corp. Common St current price is trading $0.576 points away +10.760% from $5.349, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $4.927 and, for now, the stock price is trading $0.998 or +20.267% away from that point. The 52-week high of Vonage Holdings Corp. (NYSE:VG) was $7.420 while lowest point recorded in 52-week was $3.820. It implies if stock price makes a movement of over $-1.495, it will record a new 52-week high. In the case of $+55.105% points drop, it will touch a new 52-week low.
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