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NTG Clarity Networks (CVE:NCI) Stock Price Down 15.7% - Here's Why

NTG Clarity Networks logo with Computer and Technology background

Key Points

  • NTG Clarity Networks Inc. shares fell by 15.7% during midday trading, dropping to a low of C$1.68 from a previous close of C$2.17.
  • Trading volume increased significantly, with 1,407,837 shares exchanged—an increase of 698% compared to the average session volume.
  • The company's market capitalization stands at C$75.43 million, with a PE ratio of 10.79 and a debt-to-equity ratio of 75.40.
  • Five stocks to consider instead of NTG Clarity Networks.

Shares of NTG Clarity Networks Inc. (CVE:NCI - Get Free Report) fell 15.7% on Friday . The stock traded as low as C$1.68 and last traded at C$1.83. 1,407,837 shares traded hands during mid-day trading, an increase of 698% from the average session volume of 176,379 shares. The stock had previously closed at C$2.17.

NTG Clarity Networks Stock Performance

The company has a market capitalization of C$82.25 million, a P/E ratio of 9.78 and a beta of 1.10. The firm has a 50 day moving average price of C$2.15 and a two-hundred day moving average price of C$2.05. The company has a debt-to-equity ratio of 75.40, a quick ratio of 0.53 and a current ratio of 1.82.

About NTG Clarity Networks

(Get Free Report)

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.

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