NTG Clarity Networks (CVE:NCI) Shares Cross Below 200-Day Moving Average - What's Next?

Key Points

• NTG Clarity Networks Inc. (CVE:NCI) shares have dropped below their 200-day moving average for the first time, trading as low as C$1.87 before settling at C$1.90.
• The company has a market capitalization of C$88.79 million and a debt-to-equity ratio of 75.40, which may indicate financial stress.
• NTG Clarity Networks specializes in telecommunications engineering and related software solutions, offering products that assist with digital transformation and business process management.

NTG Clarity Networks Inc. (CVE:NCI - )'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.02 and traded as low as C$1.87. NTG Clarity Networks shares last traded at C$1.90, with a volume of 49,888 shares trading hands.

NTG Clarity Networks Stock Performance

The stock has a 50 day simple moving average of C$1.92 and a two-hundred day simple moving average of C$2.02. The company has a market capitalization of C$88.79 million, a price-to-earnings ratio of 14.62 and a beta of 0.85. 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.

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