NTG Clarity Networks (CVE:NCI) Shares Up 14.7% - Still a Buy?

NTG Clarity Networks Inc. (CVE:NCI - Get Free Report)'s share price traded up 14.7% during trading on Tuesday . The company traded as high as C$1.97 and last traded at C$1.95. 198,806 shares changed hands during trading, an increase of 54% from the average session volume of 129,057 shares. The stock had previously closed at C$1.70.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group set a C$3.25 price objective on NTG Clarity Networks and gave the stock a "buy" rating in a report on Tuesday.

NTG Clarity Networks Trading Up 2.5 %

The company has a market cap of C$84.50 million, a P/E ratio of 12.09 and a beta of 1.10. The business has a fifty day moving average price of C$1.82 and a 200-day moving average price of C$1.52. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 75.40.

About NTG Clarity Networks

NTG Clarity Networks Inc provides telecommunications engineering, information technology, networking, and related software solutions worldwide. Its products include NTGapps, that designs to simplify the telecom digital transformation by providing digital application template; StageEM, an enterprise solution that covers project portfolio management, demand and capacity, analytic and dashboard, and decision-making using real-time data; Workflow Management solution, which enable organization to design, deploy, execute, monitor, and analyze their business process; Network Inventory Management solution that covers network, service, and resource for organization; and Partner Relationship Management solution, which covers the value chain of partnership and enable vendor to manage their strategic partner.