IDT Stock Summary and Trading Ideas (Idt Class B | NYSE:IDT)

IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions & net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.

Idt Class B trades on the NYSE stock market under the symbol IDT.

As of May 29, 2024, IDT stock price declined to $38.98 with 76,534 million shares trading.

IDT has a beta of 0.40, meaning it tends to be less sensitive to market movements. IDT has a correlation of 0.02 to the broad based SPY ETF.

IDT has a market cap of $989.61 million. This is considered a Small Cap stock.

In the last 3 years, IDT stock traded as high as $67.30 and as low as $21.64.

The top ETF exchange traded funds that IDT belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

IDT has outperformed the market in the last year with a return of +28.3%, while the SPY ETF gained +26.9%. In the last 3 month period, IDT beat the market returning +4.5%, while SPY returned +4.2%. However, in the most recent 2 weeks IDT has underperformed the stock market by returning -1.4%, while SPY returned +0.5%.

IDT support price is $38.59 and resistance is $40.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IDT stock will trade within this expected range on the day.