Telenav Inc. (TNAV) had a good day on the market for Wednesday September 25 as shares jumped 5.42% to close at $5.15. About 1.05 million shares traded hands on 6,014 trades for the day, compared with an average daily volume of n/a shares out of a total float of 47.22 million. After opening the trading day at $4.85, shares of Telenav Inc. stayed within a range of $5.24 to $4.76.
With today’s gains, Telenav Inc. now has a market cap of $243.2 million. Shares of Telenav Inc. have been trading within a range of $11.67 and $3.35 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Telenav Inc is a provider of location-based services, including voice-guided navigation, on mobile phones. The company’s operating segment includes Automotive; Advertising and Mobile Navigation. It generates maximum interest from the Automotive segment. Automotive segment utilizes connected car platform to deliver enhanced location-based navigation services to automobile manufacturers and tier ones, which includes on-board navigation systems, advanced hybrid navigation solutions, and mobile phone-based navigation solutions. Geographically, it derives a majority of revenue from the United States.
Telenav Inc. is based out of Santa Clara, CA and has some 784 employees. Its CEO is H. P. Jin.