Sangoma Technologies (OTCMKTS:SAMOF) Trading Up 1.9% – What’s Next?

Shares of Sangoma Technologies Co. (OTCMKTS:SAMOF) were up 1.9% during mid-day trading on Friday . The stock traded as high as $5.62 and last traded at $5.50. Approximately 11,058 shares changed hands during trading, an increase of 902% from the average daily volume of 1,104 shares. The stock had previously closed at $5.40.

Sangoma Technologies Stock Performance

The company has a 50 day simple moving average of $5.03 and a 200-day simple moving average of $5.93.

About Sangoma Technologies

Sangoma Technologies Corp. engages in the provision of value-based Communications as a Service (CaaS) solutions. The firm’s CaaS offerings include Unified Communications as a Service, SIP Trunking as a Service, Contact Center as a Service, Desktop as a Service, Communications Platform as a Service, Fax as a Service, Video Meetings as a Service, Device as a Service, and Access Control as a Service.