NTG Clarity Networks (CVE:NCI) Trading Down 7.7% - Here's Why

NTG Clarity Networks Inc. (CVE:NCI - Get Free Report)'s stock price fell 7.7% during mid-day trading on Tuesday . The stock traded as low as C$2.06 and last traded at C$2.17. 218,930 shares were traded during mid-day trading, an increase of 36% from the average session volume of 161,264 shares. The stock had previously closed at C$2.35.

NTG Clarity Networks Trading Down 1.4%

The company has a market capitalization of C$85.32 million, a price-to-earnings ratio of 12.20 and a beta of 1.10. The company has a 50-day moving average price of C$2.33 and a 200-day moving average price of C$1.95. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 75.40.

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.