Sangoma Technologies Co. (TSE:STC - Get Free Report) shares dropped 1.3% during trading on Thursday . The company traded as low as C$8.06 and last traded at C$8.14. Approximately 11,446 shares were traded during trading, a decline of 68% from the average daily volume of 36,030 shares. The stock had previously closed at C$8.25.
Analyst Upgrades and Downgrades
Separately, TD Securities boosted their price objective 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 Analysis on Sangoma Technologies
Sangoma Technologies Price Performance
The firm has a market cap of C$186.67 million, a PE ratio of -27.23 and a beta of 1.63. The company has a debt-to-equity ratio of 27.33, a current ratio of 0.86 and a quick ratio of 0.69. The business's fifty day moving average is C$9.73 and its 200-day moving average is C$8.07.
About Sangoma Technologies
(
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Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications.
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