TeraGo (TSE:TGO) Shares Pass Above 200 Day Moving Average of $1.45

TeraGo Inc. (TSE:TGO) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.45 and traded as high as C$2.21. TeraGo shares last traded at C$1.92, with a volume of 9,155 shares.

TeraGo Price Performance

The company has a market capitalization of C$40.69 million, a PE ratio of -3.06, a P/E/G ratio of -1.00 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.60 and a debt-to-equity ratio of 184.24. The stock has a fifty day simple moving average of C$1.48 and a 200-day simple moving average of C$1.46.

TeraGo (TSE:TGO) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C($0.18) earnings per share (EPS) for the quarter. The business had revenue of C$6.54 million for the quarter. TeraGo had a negative return on equity of 56.19% and a negative net margin of 50.61%. Equities analysts anticipate that TeraGo Inc. will post -0.49 earnings per share for the current year.

Insider Transactions at TeraGo

In other news, Director Daniel Vucinic bought 26,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were acquired at an average price of C$1.49 per share, for a total transaction of C$38,766.00. Insiders own 0.35% of the company’s stock.

TeraGo Company Profile

TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.