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eOn Communications (NASDAQ:EONC)’s share price hit a new 52-week high during mid-day trading on Wednesday , Analyst RN reports. The company traded as high as $4.85 and last traded at $4.85, with a volume of 128,983 shares. The stock had previously closed at $4.29.

A number of research firms have recently commented on EONC. Analysts at Thomson Reuters/Verus upgraded shares of eOn Communications from a “hold” rating to a “buy” rating in a research note on Monday, February 3rd.

The stock has a 50-day moving average of $3.53 and a 200-day moving average of $1.69. The company’s market cap is $14.9 million.

eOn Communications Corporation (NASDAQ:EONC) is a provider of communications solutions.

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