NTG Clarity Networks (CVE:NCI) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

NTG Clarity Networks Inc. (CVE:NCI)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.02 and traded as low as C$1.10. NTG Clarity Networks shares last traded at C$1.12, with a volume of 324,475 shares traded.

NTG Clarity Networks Trading Up 8.9%

The company’s 50 day simple moving average is C$1.70 and its 200-day simple moving average is C$2.02. The firm has a market cap of C$57.77 million, a P/E ratio of 9.38 and a beta of 1.13. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 75.40.

NTG Clarity Networks Company Profile

NTG Clarity Networks Inc provides telecommunications engineering, information technology, networking, and related software solutions worldwide. Its products include NTGapps, that designs to simplify the telecom digital transformation by providing digital application template; StageEM, an enterprise solution that covers project portfolio management, demand and capacity, analytic and dashboard, and decision-making using real-time data; Workflow Management solution, which enable organization to design, deploy, execute, monitor, and analyze their business process; Network Inventory Management solution that covers network, service, and resource for organization; and Partner Relationship Management solution, which covers the value chain of partnership and enable vendor to manage their strategic partner.