Sangoma Technologies (TSE:STC) Shares Down 3.1% – Here’s Why

Sangoma Technologies Co. (TSE:STCGet Free Report) shares fell 3.1% on Friday . The company traded as low as C$6.17 and last traded at C$6.20. 25,260 shares were traded during mid-day trading, a decline of 38% from the average session volume of 40,656 shares. The stock had previously closed at C$6.40.

Sangoma Technologies Stock Performance

The firm has a market cap of C$148.76 million, a P/E ratio of -21.70 and a beta of 1.63. The company has a current ratio of 0.86, a quick ratio of 0.69 and a debt-to-equity ratio of 27.33. The company’s 50-day moving average is C$8.39 and its two-hundred day moving average is C$8.43.

Sangoma Technologies Company Profile

(Get Free Report)

Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications.

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