TeraGo (TSE:TGO) had its price target increased by TD Securities from C$7.50 to C$10.00 in a research note issued to investors on Friday morning. They currently have a hold rating on the stock.

Other equities analysts have also recently issued reports about the stock. Desjardins boosted their price target on shares of TeraGo from C$6.00 to C$7.00 in a report on Friday, August 10th. Cormark boosted their price target on shares of TeraGo from C$6.05 to C$6.75 in a report on Friday, August 10th.

TSE:TGO traded down C$0.30 during trading hours on Friday, hitting C$9.93. 17,400 shares of the stock traded hands, compared to its average volume of 67,871. The company has a debt-to-equity ratio of 74.31, a current ratio of 1.39 and a quick ratio of 1.16. TeraGo has a fifty-two week low of C$4.04 and a fifty-two week high of C$10.50.

TeraGo (TSE:TGO) last announced its earnings results on Wednesday, August 8th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.05). The business had revenue of C$13.68 million for the quarter, compared to the consensus estimate of C$13.40 million. On average, equities research analysts forecast that TeraGo will post -0.0900000052785927 EPS for the current fiscal year.

TeraGo Company Profile

TeraGo Inc, together with its subsidiaries, provides connectivity, colocation, and enterprise infrastructure cloud services primarily in Canada. The company owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, Internet protocol (IP) communications network that provide Internet access, private interconnection, and data connectivity services to businesses.

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