Telit Communications (LON:TCM) Earns Corporate Rating from FinnCap

FinnCap reaffirmed their corporate rating on shares of Telit Communications (LON:TCM) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

LON:TCM opened at GBX 160 ($2.09) on Monday. The firm has a market capitalization of $210.71 million and a PE ratio of -5.73. The business’s fifty day moving average price is GBX 164.75 and its 200 day moving average price is GBX 160.88. The company has a debt-to-equity ratio of 80.16, a current ratio of 0.88 and a quick ratio of 0.69. Telit Communications has a 12 month low of GBX 112 ($1.46) and a 12 month high of GBX 192 ($2.51).

Telit Communications Company Profile

Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products and services to support and enable Internet of Things (IoT) deployments in the EMEA, the APAC, and the Americas. It operates in two segments, IoT Services and IoT Products. The company develops, markets, and sells cellular, global navigation satellite systems, short range wireless modules, mobile connectivity services, and application enablement platforms to onboard edge devices to the IoT.

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