Sangoma Technologies (CVE:STC – Get Rating) had its price target reduced by TD Securities from C$25.00 to C$18.50 in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 363.66% from the company’s previous close.
Sangoma Technologies Trading Up 6.4 %
STC traded up C$0.24 during midday trading on Friday, reaching C$3.99. 92,846 shares of the company were exchanged, compared to its average volume of 292,342. Sangoma Technologies has a one year low of C$2.53 and a one year high of C$5.50. The company has a debt-to-equity ratio of 23.80, a quick ratio of 0.69 and a current ratio of 0.97. The stock has a market capitalization of C$531.28 million and a P/E ratio of 997.50. The stock’s 50-day simple moving average is C$3.99 and its 200 day simple moving average is C$3.99.
Sangoma Technologies Company Profile
- Why Does Tesla Stock Remain Resilient?
- Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?
- 2 Semiconductor Stocks To Watch For Reversals
- Is Costco’s Post-Earnings Price Weakness A Good Time To Buy?
- Will Crowdstrike Get A Boost From Increased EPS Guidance?
Receive News & Ratings for Sangoma Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sangoma Technologies and related companies with MarketBeat.com's FREE daily email newsletter.