TeraGo (TSE:TGO) Reaches New 12-Month Low at $3.89

Shares of TeraGo Inc. (TSE:TGO – Get Rating) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$3.89 and last traded at C$4.10, with a volume of 11143 shares. The stock had previously closed at C$4.15.

Separately, Canaccord Genuity Group cut their target price on TeraGo from C$8.50 to C$7.50 in a research report on Friday, March 25th.

The company has a debt-to-equity ratio of 39.12, a current ratio of 1.21 and a quick ratio of 1.08. The company has a market capitalization of C$79.71 million and a PE ratio of -4.89. The firm’s fifty day simple moving average is C$5.11 and its 200 day simple moving average is C$5.48.

TeraGo (TSE:TGO – Get Rating) last posted its earnings results on Wednesday, May 11th. The company reported C($0.16) earnings per share (EPS) for the quarter. The firm had revenue of C$7.92 million for the quarter. On average, equities research analysts anticipate that TeraGo Inc. will post -0.38 EPS for the current fiscal year.

TeraGo Company Profile (TSE:TGO)

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

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