TeraGo (TSE:TGO) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of TeraGo Inc. (TSE:TGO) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.86 and traded as high as C$0.92. TeraGo shares last traded at C$0.92, with a volume of 3,000 shares.

TeraGo Stock Performance

The company has a quick ratio of 0.60, a current ratio of 0.24 and a debt-to-equity ratio of 560.14. The business has a 50 day moving average price of C$0.80 and a two-hundred day moving average price of C$0.86. The stock has a market cap of C$35.88 million, a P/E ratio of -1.42, a price-to-earnings-growth ratio of -1.00 and a beta of 1.19.

About TeraGo

TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The Company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.