Pareteum (NASDAQ:TEUM) Raised to “Sell” at ValuEngine

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ValuEngine upgraded shares of Pareteum (NASDAQ:TEUM) from a strong sell rating to a sell rating in a research report report published on Tuesday, ValuEngine reports.

Separately, BidaskClub lowered shares of Pareteum from a hold rating to a sell rating in a research report on Saturday, August 31st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $7.00.

Shares of Pareteum stock opened at $0.43 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average price is $0.45 and its two-hundred day moving average price is $2.14. Pareteum has a 52 week low of $0.29 and a 52 week high of $5.93. The stock has a market cap of $49.23 million, a PE ratio of 4.79 and a beta of 0.96.

About Pareteum

Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a Software as a Service (Saas), PaaS, or IaaS basis.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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