NTG Clarity Networks (CVE:NCI) Share Price Passes Below 200-Day Moving Average – Here’s Why

Shares of NTG Clarity Networks Inc. (CVE:NCI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.64 and traded as low as C$1.03. NTG Clarity Networks shares last traded at C$1.03, with a volume of 147,816 shares trading hands.

NTG Clarity Networks Price Performance

The company’s 50 day simple moving average is C$1.30 and its 200 day simple moving average is C$1.64. The stock has a market cap of C$48.13 million, a P/E ratio of 7.36 and a beta of 0.62. The company has a debt-to-equity ratio of 75.40, a current ratio of 1.82 and a quick ratio of 0.53.

About NTG Clarity Networks

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.