Sangoma Technologies (STC) Scheduled to Post Earnings on Thursday

Sangoma Technologies (CVE:STCGet Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, February 8th. Analysts expect Sangoma Technologies to post earnings of C($0.12) per share for the quarter.

Sangoma Technologies (CVE:STCGet Free Report) last released its earnings results on Wednesday, November 8th. The company reported C($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.14) by C$0.05. The business had revenue of C$84.56 million during the quarter, compared to the consensus estimate of C$84.31 million.

Sangoma Technologies Stock Performance

Sangoma Technologies stock opened at C$3.99 on Thursday. Sangoma Technologies has a 12-month low of C$2.53 and a 12-month high of C$5.50. The company has a quick ratio of 0.69, a current ratio of 0.97 and a debt-to-equity ratio of 23.80. The business’s 50-day moving average price is C$3.99 and its two-hundred day moving average price is C$3.99. The stock has a market cap of C$531.28 million and a PE ratio of 997.50.

Insider Buying and Selling

In related news, Director Marc Lederman acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were bought at an average cost of C$4.17 per share, with a total value of C$41,727.00. In other Sangoma Technologies news, Director Allan Brett purchased 20,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were purchased at an average cost of C$3.40 per share, with a total value of C$67,998.00. Also, Director Marc Lederman purchased 10,000 shares of the company’s stock in a transaction on Thursday, December 21st. The stock was acquired at an average cost of C$4.17 per share, for a total transaction of C$41,727.00.

Wall Street Analysts Forecast Growth

STC has been the topic of several research reports. TD Securities reduced their price target on Sangoma Technologies from C$7.00 to C$5.50 and set a “hold” rating on the stock in a report on Thursday, November 9th. Cormark reduced their price target on Sangoma Technologies from C$11.50 to C$10.50 in a report on Thursday, November 9th.

Check Out Our Latest Research Report on STC

Sangoma Technologies Company Profile

(Get Free Report)

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; and FAXStation, a fax-over-IP solution.

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Earnings History for Sangoma Technologies (CVE:STC)

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