TeraGo (TSE:TGO) Stock Passes Above Two Hundred Day Moving Average of $1.61

TeraGo Inc. (TSE:TGOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.61 and traded as high as C$2.47. TeraGo shares last traded at C$2.36, with a volume of 7,000 shares.

TeraGo Stock Performance

The firm has a market capitalization of C$46.94 million, a price-to-earnings ratio of -3.52, a PEG ratio of -1.00 and a beta of 0.92. The company has a fifty day moving average of C$1.91 and a two-hundred day moving average of C$1.61. The company has a debt-to-equity ratio of 184.24, a quick ratio of 0.60 and a current ratio of 0.93.

TeraGo (TSE:TGOGet Free Report) last released its quarterly earnings results on Wednesday, March 6th. The company reported C($0.18) earnings per share for the quarter. The firm had revenue of C$6.54 million for the quarter. TeraGo had a negative return on equity of 56.19% and a negative net margin of 50.61%. As a group, equities research analysts predict that TeraGo Inc. will post -0.49 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Daniel Vucinic acquired 26,000 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was purchased at an average cost of C$1.49 per share, with a total value of C$38,766.00. 0.64% of the stock is currently owned by insiders.

TeraGo Company Profile

(Get Free Report)

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.

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