Sangoma Technologies Co. (NASDAQ:SANG – Get Free Report)’s stock price was up 2.5% during mid-day trading on Friday . The company traded as high as $5.86 and last traded at $5.76. Approximately 6,250 shares were traded during trading, a decline of 14% from the average daily volume of 7,296 shares. The stock had previously closed at $5.62.
Sangoma Technologies Stock Performance
The stock’s 50-day simple moving average is $5.58 and its 200-day simple moving average is $5.17. The stock has a market cap of $192.04 million, a price-to-earnings ratio of -22.15 and a beta of 1.48. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 0.26.
Sangoma Technologies (NASDAQ:SANG – Get Free Report) last announced its earnings results on Wednesday, September 18th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). Sangoma Technologies had a negative return on equity of 3.31% and a negative net margin of 3.50%. The business had revenue of $60.93 million for the quarter, compared to analyst estimates of $60.89 million. During the same quarter in the previous year, the company earned ($0.04) EPS. Analysts forecast that Sangoma Technologies Co. will post -0.07 earnings per share for the current fiscal year.
Institutional Trading of Sangoma Technologies
About Sangoma Technologies
Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.
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