NTG Clarity Networks (CVE:NCI) Trading Up 11.8% - Time to Buy?

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) traded up 11.8% during trading on Tuesday . The stock traded as high as C$1.91 and last traded at C$1.90. 163,503 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 128,381 shares. The stock had previously closed at C$1.70.

Wall Street Analyst Weigh In

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

NTG Clarity Networks Stock Performance

The stock has a market capitalization of C$84.50 million, a P/E ratio of 12.09 and a beta of 1.10. The firm has a 50-day moving average of C$1.82 and a 200 day moving average 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.

NTG Clarity Networks Company Profile

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.