NTG Clarity Networks (CVE:NCI) Trading Down 11.9% - Here's Why

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) fell 11.9% on Tuesday . The stock traded as low as C$2.06 and last traded at C$2.07. 608,665 shares changed hands during trading, an increase of 269% from the average session volume of 164,850 shares. The stock had previously closed at C$2.35.

NTG Clarity Networks Stock Down 2.4%

The firm's 50 day simple moving average is C$2.33 and its 200-day simple moving average is C$1.95. The company 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.

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.