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

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

NTG Clarity Networks Stock Down 2.4%

The firm's fifty day moving average price is C$2.33 and its two-hundred day moving average price is C$1.95. The stock has a market cap of C$84.50 million, a price-to-earnings ratio of 12.09 and a beta of 1.10. The company has a debt-to-equity ratio of 75.40, a current ratio of 1.82 and a quick ratio of 0.53.

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.