TeraGo (TGO) Set to Announce Earnings on Wednesday

TeraGo (TSE:TGO) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 8th.

TeraGo (TSE:TGO) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C($0.18) EPS for the quarter. The company had revenue of C$6.54 million during the quarter. TeraGo had a negative return on equity of 56.19% and a negative net margin of 50.61%.

TeraGo Trading Up 8.1 %

TSE:TGO opened at C$2.00 on Thursday. TeraGo has a one year low of C$1.10 and a one year high of C$2.86. The company has a debt-to-equity ratio of 184.24, a current ratio of 0.93 and a quick ratio of 0.60. The firm has a market capitalization of C$39.70 million, a price-to-earnings ratio of -2.99, a price-to-earnings-growth ratio of -1.00 and a beta of 0.93. The business has a fifty day moving average price of C$1.57 and a 200-day moving average price of C$1.49.

Insiders Place Their Bets

In other TeraGo news, Director Daniel Vucinic purchased 26,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was acquired at an average price of C$1.49 per share, for a total transaction of C$38,766.00. 0.35% of the stock is currently owned by company insiders.

About TeraGo

TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It 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.