TeraGo (TSE:TGO) Director Purchases C$88,400.00 in Stock

TeraGo Inc. (TSE:TGO) Director Martin Pinnes purchased 65,000 shares of TeraGo stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of C$1.36 per share, with a total value of C$88,400.00. Following the completion of the transaction, the director owned 299,574 shares in the company, valued at approximately C$407,420.64. This represents a 27.71% increase in their position.

Martin Pinnes also recently made the following trade(s):

• On Friday, May 22nd, Martin Pinnes acquired 7,500 shares of TeraGo stock. The shares were bought at an average price of C$1.41 per share, with a total value of C$10,575.00.
• On Friday, May 22nd, Martin Pinnes acquired 2,000 shares of TeraGo stock. The shares were bought at an average cost of C$1.44 per share, for a total transaction of C$2,880.00.

TeraGo Price Performance

TGO opened at C$1.35 on Thursday. The business’s 50-day moving average is C$0.95 and its two-hundred day moving average is C$0.86. TeraGo Inc. has a 1 year low of C$0.60 and a 1 year high of C$1.50. The company has a debt-to-equity ratio of 2,100.38, a current ratio of 1.26 and a quick ratio of 0.60. The firm has a market capitalization of C$52.70 million, a PE ratio of -3.65, a price-to-earnings-growth ratio of -1.00 and a beta of 0.40.

TeraGo (TSE:TGO) last announced its earnings results on Tuesday, May 12th. The company reported C($0.08) EPS for the quarter. TeraGo had a negative return on equity of 4,295.54% and a negative net margin of 65.17%.The firm had revenue of C$6.17 million during the quarter. Research analysts anticipate that TeraGo Inc. will post -0.49 earnings per share for the current fiscal year.

TeraGo Company Profile

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.