NTG Clarity Networks (CVE:NCI) Shares Pass Below 200-Day Moving Average - Time to Sell?

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.59 and traded as low as C$1.59. NTG Clarity Networks shares last traded at C$1.67, with a volume of 89,816 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group set a C$3.25 price objective on NTG Clarity Networks and gave the stock a "buy" rating in a research report on Tuesday, March 4th.

NTG Clarity Networks Price Performance

The stock has a market cap of C$71.31 million, a PE ratio of 10.20 and a beta of 1.10. The stock's fifty day moving average is C$1.73 and its 200-day moving average is C$1.60. 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.