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Sangoma Technologies (TSE:STC) Trading Down 3.1% - Time to Sell?

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Shares of Sangoma Technologies Co. (TSE:STC - Get Free Report) dropped 3.1% during mid-day trading on Friday . The company traded as low as C$6.17 and last traded at C$6.20. Approximately 25,260 shares were traded during trading, a decline of 38% from the average daily volume of 40,656 shares. The stock had previously closed at C$6.40.

Sangoma Technologies Price Performance

The business's 50-day simple moving average is C$8.30 and its two-hundred day simple moving average is C$8.48. The stock has a market cap of C$154.52 million, a price-to-earnings ratio of -22.54 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.

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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