IDT traded at $52.61 this Wednesday May 6th, increasing $0.10 or 0.19 percent since the previous trading session. Looking back, over the last four weeks, IDT gained 7.87 percent. Over the last 12 months, its price fell by 0.59 percent. Looking ahead, we forecast IDT to be priced at 50.07 by the end of this quarter and at 47.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
IDT Corporation is a provider of fintech, unified cloud communications and traditional communications services. The Company operates through three business segments, Fintech, net2phone-Unified Communications as a Service (UCaaS), and Traditional Communications. The Fintech segment consist of BOSS Revolution Money Transfer, a provider of money remittance and related value/payment transfer services, and National Retail Solutions (NRS) operator of a nationwide point of sale (POS) retail network providing payment processing, digital advertising, transaction data, and ancillary services. The net2phone-UCaaS segment consist of net2phone’s cloud communications offerings. The Traditional Communications segment includes Mobile Top-Up, which enables customers to transfer airtime and bundles of airtime, messaging, and data to international and domestic mobile accounts, and BOSS Revolution Calling, an international long-distance calling service marketed primarily to immigrant communities.