TeraGo (TSE:TGO) Stock Price Crosses Above 200-Day Moving Average of $5.47

TeraGo Inc. (TSE:TGO)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.47 and traded as high as C$5.50. TeraGo shares last traded at C$5.49, with a volume of 6,296 shares trading hands.

Separately, reduced their price target on shares of TeraGo from C$9.00 to C$8.50 in a research report on Tuesday, November 16th.

The company has a quick ratio of 0.66, a current ratio of 0.75 and a debt-to-equity ratio of 94.07. The firm’s 50-day moving average is C$5.53 and its 200-day moving average is C$5.47. The company has a market cap of C$107.89 million and a PE ratio of -11.71.

TeraGo (TSE:TGO) last announced its quarterly earnings results on Wednesday, November 10th. The company reported C($0.11) earnings per share (EPS) for the quarter. The company had revenue of C$10.88 million for the quarter. As a group, equities research analysts anticipate that TeraGo Inc. will post -0.26 EPS for the current fiscal year.

About TeraGo (TSE:TGO)

TeraGo Inc, together with its subsidiaries, provides connectivity, colocation, and enterprise infrastructure cloud services for businesses primarily in Canada. The company owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.

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