NTG Clarity Networks (CVE:NCI) Stock Price Up 15.9% - Time to Buy?

NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) shot up 15.9% during mid-day trading on Tuesday . The stock traded as high as C$1.97 and last traded at C$1.97. 174,556 shares traded hands during trading, an increase of 36% from the average session volume of 128,661 shares. The stock had previously closed at C$1.70.

Wall Street Analyst Weigh In

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

NTG Clarity Networks Trading Up 2.5 %

The company's 50-day moving average is C$1.82 and its 200-day moving average is C$1.52. The firm has a market cap of C$84.50 million, a price-to-earnings ratio of 12.09 and a beta of 1.10. The company has a debt-to-equity ratio of 75.40, a quick ratio of 0.53 and a current ratio of 1.82.

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.