TeraGo (TSE:TGO) Sets New 12-Month High – Here’s What Happened

TeraGo Inc. (TSE:TGO)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$1.25 and last traded at C$1.33, with a volume of 45262 shares changing hands. The stock had previously closed at C$1.25.

TeraGo Stock Performance

The company has a debt-to-equity ratio of 2,100.38, a quick ratio of 0.60 and a current ratio of 1.26. The stock has a market cap of C$51.89 million, a P/E ratio of -2.83, a price-to-earnings-growth ratio of -1.00 and a beta of 0.40. The firm’s 50 day moving average is C$0.89 and its 200 day moving average is C$0.83.

TeraGo (TSE:TGO) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C($0.08) earnings per share for the quarter. The business had revenue of C$6.17 million for the quarter. TeraGo had a negative return on equity of 4,295.54% and a negative net margin of 65.17%. Analysts anticipate that TeraGo Inc. will post -0.49 EPS for the current year.

About TeraGo

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.