William Blair began coverage on shares of Sangoma Technologies (NASDAQ:SANG – Get Rating) in a research note published on Thursday morning, The Fly reports. The brokerage issued an outperform rating on the stock.
Separately, Northland Securities began coverage on Sangoma Technologies in a report on Thursday, May 26th. They issued an outperform rating and a $18.00 price objective for the company.
Sangoma Technologies Stock Performance
Shares of SANG stock opened at $6.83 on Thursday. Sangoma Technologies has a 12-month low of $6.75 and a 12-month high of $23.10. The firm has a market capitalization of $152.27 million and a price-to-earnings ratio of -18.46. The business has a 50 day simple moving average of $8.13 and a 200 day simple moving average of $9.93. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.50.
Hedge Funds Weigh In On Sangoma Technologies
About Sangoma Technologies
Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a business phone system; PBXact, a phone system; Internet protocol (IP) phones; service provider and voice over Internet protocol gateways; Switchvox Cloud, a unified communications solution; SIPstation SIP Trunking, a hosted session initiation protocol trunking service; PBXact Cloud, a cloud based private branch exchange service; Asterisk and FreePBX, an open source IP PBX software; and FAXStation, a fax-over-IP solution.
- Get a free copy of the StockNews.com research report on Sangoma Technologies (SANG)
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