NTG Clarity Networks (CVE:NCI) Stock Price Down 11.5% - Here's What Happened

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) traded down 11.5% during trading on Tuesday . The company traded as low as C$2.06 and last traded at C$2.08. 567,715 shares traded hands during trading, an increase of 245% from the average session volume of 164,501 shares. The stock had previously closed at C$2.35.

NTG Clarity Networks Trading Down 9.8%

The business has a fifty day moving average price of C$2.31 and a 200 day moving average price of C$1.95. The company has a debt-to-equity ratio of 75.40, a current ratio of 1.82 and a quick ratio of 0.53. The company has a market capitalization of C$87.38 million, a price-to-earnings ratio of 12.50 and a beta of 1.10.

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.