IDT Corporation (NYSE: IDT) is on The StockGuru Leader Board today. The stock closed up 15.95% on Tuesday.
Volume was 326,875 shares traded.
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About the Company:
IDT Corporation operates as a telecommunications and energy company. The company operates in four segments: Telecom Platform Services, Consumer Phone Services, IDT Energy, and Genie Oil and Gas. The Telecom Platform Services segment provides telecommunications services, including prepaid and rechargeable calling cards, a range of voice over Internet protocol communications services, and wholesale carrier services. It markets prepaid calling cards under the LA LEYENDA, BOSS, Playball, GOOOL, RED, Feliz, PT-1, and PennyTalk brand names primarily to the ethnic and immigrant communities in the United States, Europe, Asia, Latin America, and Africa through a network of sub-distributors that sell to retail outlets, and through internal sales force. This segment also provides private label and IDT-branded prepaid cards to retail chains, such as supermarkets, drug stores, and convenience stores. The Consumer Phone Services segment offers consumer local/long distance phone service comprising unlimited local, regional toll, and domestic long distance calling services primarily to residential customers. As of July 31, 2011, it had approximately 14,100 bundled local/long distance plan and 57,300 long distance-only plan customers. The IDT Energy segment operates energy service company that resells natural gas and electricity to residential and small business customers in utility markets in New York, New Jersey, and Pennsylvania. As of July 31, 2011, this segment serviced approximately 232,000 electric and 173,000 natural gas customers. The Genie Oil and Gas segment holds interests in oil shale initiatives in Colorado and Israel. The company was founded in 1990 and is headquartered in Newark, New Jersey.
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