NTG Clarity Networks (CVE:NCI) Shares Down 15.7% - What's Next?

Key Points

• NTG Clarity Networks Inc. shares fell by 15.7%, trading as low as C$1.68 from a previous close of C$2.17, during a significant increase in trading volume.
• The company's market capitalization is C$75.43 million, with a price-to-earnings ratio of 10.79 and a debt-to-equity ratio of 75.40.
• NTG Clarity Networks specializes in telecommunications engineering and related software solutions, offering products that facilitate digital transformation and project management for organizations.

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) traded down 15.7% during trading on Friday . The company traded as low as C$1.68 and last traded at C$1.83. 1,407,837 shares were traded during trading, an increase of 698% from the average session volume of 176,379 shares. The stock had previously closed at C$2.17.

NTG Clarity Networks Stock Down 2.7%

The stock has a market capitalization of C$83.18 million, a price-to-earnings ratio of 9.89 and a beta of 1.10. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 75.40. The stock has a 50 day moving average price of C$2.16 and a 200 day moving average price of C$2.05.

NTG Clarity Networks Company Profile

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.