Vonage (NYSE:VG) will be releasing its earnings data before the market opens on Wednesday, February 21st. Analysts expect Vonage to post earnings of $0.09 per share for the quarter.
Vonage (VG) opened at $10.70 on Wednesday. The firm has a market capitalization of $2,430.00, a P/E ratio of 118.89, a PEG ratio of 6.18 and a beta of -0.04. Vonage has a 1 year low of $5.74 and a 1 year high of $11.32. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.63.
In other Vonage news, Director Jeffrey A. Citron sold 514,913 shares of Vonage stock in a transaction on Friday, January 12th. The stock was sold at an average price of $10.37, for a total value of $5,339,647.81. Following the sale, the director now owns 10,680,286 shares in the company, valued at $110,754,565.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey A. Citron sold 414,913 shares of Vonage stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $9.03, for a total value of $3,746,664.39. Following the completion of the sale, the director now owns 11,676,047 shares in the company, valued at approximately $105,434,704.41. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,739,126 shares of company stock worth $17,285,774. 14.05% of the stock is currently owned by company insiders.
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Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. The Company operates through two segments: Business and Consumer. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration, and mobile applications over its scalable session initiation protocol (SIP) based voice over Internet protocol (VoIP) network.
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