TeraGo (TSE:TGO) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

TeraGo Inc. (TSE:TGO) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.87 and traded as high as C$0.95. TeraGo shares last traded at C$0.90, with a volume of 13,300 shares trading hands.

TeraGo Trading Up 2.2%

The company has a current ratio of 0.24, a quick ratio of 0.60 and a debt-to-equity ratio of 560.14. The firm has a market capitalization of C$35.88 million, a P/E ratio of -1.42, a PEG ratio of -1.00 and a beta of 1.19. The business has a 50 day moving average of C$0.78 and a 200-day moving average of C$0.87.

TeraGo (TSE:TGO) last released its quarterly earnings results on Monday, November 10th. The company reported C($0.12) earnings per share for the quarter. TeraGo had a negative net margin of 52.27% and a negative return on equity of 108.94%. The company had revenue of C$6.40 million during the quarter. Analysts anticipate that TeraGo Inc. will post -0.49 EPS for the current fiscal year.

TeraGo Company Profile

TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The Company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.