Vonage (NYSE:VG) Stock Price Up 0% – Should You Buy?

Vonage Holdings Corp (NYSE:VG)’s stock price was up 0% during trading on Friday . The company traded as high as $20.95 and last traded at $20.39. Approximately 2,876,194 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 11,964,805 shares. The stock had previously closed at $20.38.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Vonage in a research report on Monday, January 27th. They set a “sell” rating on the stock.

Vonage Stock Performance

The business has a 50-day moving average of $20.93 and a two-hundred day moving average of $20.97.

Vonage Company Profile

Vonage, a global cloud communications leader, helps businesses accelerate their digital transformation. Vonage’s Communications Platform is fully programmable and allows for the integration of Video, Voice, Chat, Messaging and Verification into existing products, workflows and systems. Vonage’s fully programmable unified communications and contact center applications are built from the Vonage platform and enable companies to transform how they communicate and operate from the office or anywhere, providing enormous flexibility and ensuring business continuity.