TeraGo (TSE:TGO) Share Price Crosses Above 200 Day Moving Average of $1.47

TeraGo Inc. (TSE:TGO) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.47 and traded as high as C$1.95. TeraGo shares last traded at C$1.94, with a volume of 394 shares traded.

TeraGo Trading Up 1.0 %

The firm’s 50-day simple moving average is C$1.51 and its 200-day simple moving average is C$1.47. The firm has a market capitalization of C$38.51 million, a P/E ratio of -2.90, a price-to-earnings-growth ratio of -1.00 and a beta of 0.93. The company has a quick ratio of 0.60, a current ratio of 0.93 and a debt-to-equity ratio of 184.24.

TeraGo (TSE:TGO) last issued its earnings results on Wednesday, March 6th. The company reported C($0.18) earnings per share (EPS) for the quarter. TeraGo had a negative return on equity of 56.19% and a negative net margin of 50.61%. The firm had revenue of C$6.54 million during the quarter. Analysts anticipate that TeraGo Inc. will post -0.49 EPS for the current year.

Insider Activity

In related news, Director Daniel Vucinic purchased 26,000 shares of TeraGo stock in a transaction that occurred on Wednesday, March 20th. The shares were acquired at an average cost of C$1.49 per share, for a total transaction of C$38,766.00. 0.35% of the stock is currently owned by corporate insiders.

About TeraGo

TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.