TeraGo (TSE:TGO) Stock Crosses Above 200 Day Moving Average of $1.51

TeraGo Inc. (TSE:TGO) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.51 and traded as high as C$1.83. TeraGo shares last traded at C$1.72, with a volume of 25,500 shares trading hands.

TeraGo Stock Up 2.4 %

The company has a debt-to-equity ratio of 184.24, a current ratio of 0.93 and a quick ratio of 0.60. The stock has a market cap of C$34.14 million, a PE ratio of -2.57, a PEG ratio of -1.00 and a beta of 0.93. The company has a 50 day moving average price of C$1.64 and a two-hundred day moving average price of C$1.51.

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

Insider Buying and Selling

In related news, Director Daniel Vucinic purchased 26,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was acquired at an average price of C$1.49 per share, with a total value of C$38,766.00. 0.35% of the stock is currently owned by 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.