Sangoma Technologies Co. (TSE:STC - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$10.23 and last traded at C$9.95, with a volume of 19650 shares trading hands. The stock had previously closed at C$10.00.
Wall Street Analyst Weigh In
Separately, TD Securities lifted their price target on Sangoma Technologies from C$10.00 to C$12.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th.
Read Our Latest Research Report on STC
Sangoma Technologies Stock Performance
The firm has a market capitalization of C$337.08 million, a PE ratio of -27.92 and a beta of 1.63. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 34.31. The firm has a 50-day moving average price of C$8.74 and a 200 day moving average price of C$6.09.
Sangoma Technologies Company Profile
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Sangoma Technologies Corporation, together with its subsidiaries, develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally. The company offers communications platforms comprising pure cloud and hybrid unified communications as a service, and on-premises systems; retail and wholesale SIP trunking, as well as fax as a service; Sangoma TeamHub, a unified communications and collaboration platform for business productivity; Sangoma Meet, a multi-party video conferencing platform; and Sangoma CX, a cloud-native contact center suite that enables businesses to manage inbound interactions across multiple channels.
See Also
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