
Sangoma Technologies (TSE:STC) Trading Down 3.1% - What's Next?

Sangoma Technologies (TSE:STC) shares fell 3.1% to C$6.20 during trading, with a volume decline of 38% from the average. The company has a market cap of C$148.76 million, a P/E ratio of -21.70, and a debt-to-equity ratio of 27.33. Analysts currently rate the stock as a Buy, but suggest five other stocks as better investment options.
Sangoma Technologies Co. (TSE:STC - Get Free Report)'s stock price fell 3.1% during trading on Friday . The stock traded as low as C$6.17 and last traded at C$6.20. 25,260 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 40,656 shares. The stock had previously closed at C$6.40.
Get Sangoma Technologies alerts:
Sangoma Technologies Stock Performance
The company has a debt-to-equity ratio of 27.33, a current ratio of 0.86 and a quick ratio of 0.69. The stock has a fifty day moving average price of C$8.39 and a two-hundred day moving average price of C$8.40. The company has a market cap of C$148.76 million, a P/E ratio of -21.70 and a beta of 1.63.
Sangoma Technologies Company Profile
(Get Free Report)Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications.
Featured Stories
- Five stocks we like better than Sangoma Technologies
- What is the Hang Seng index?
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- 3 Warren Buffett Stocks to Buy Now
- JPMorgan: The 'NVIDIA of Banking' Poised for More Gains?
- How Investors Can Find the Best Cheap Dividend Stocks
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Sangoma Technologies Right Now?
Before you consider Sangoma Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sangoma Technologies wasn't on the list.
While Sangoma Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
