NTG Clarity Networks (CVE:NCI) Given a C$2.00 Price Target by Ventum Financial Analysts

NTG Clarity Networks (CVE:NCI) has been assigned a C$2.00 price objective by equities research analysts at Ventum Financial in a report issued on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price target points to a potential upside of 102.02% from the company’s current price.

Separately, Atrium Research upgraded NTG Clarity Networks to a “strong-buy” rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, NTG Clarity Networks has a consensus rating of “Strong Buy” and an average target price of C$2.00.

NTG Clarity Networks Price Performance

Shares of CVE NCI traded up C$0.05 during mid-day trading on Wednesday, hitting C$0.99. 30,367 shares of the company’s stock traded hands, compared to its average volume of 91,990. The company’s 50-day moving average is C$1.07 and its two-hundred day moving average is C$1.37. The company has a debt-to-equity ratio of 20.59, a current ratio of 3.13 and a quick ratio of 0.53. The company has a market capitalization of C$46.88 million, a P/E ratio of 7.07 and a beta of 0.35. NTG Clarity Networks has a 1 year low of C$0.81 and a 1 year high of C$2.97.

NTG Clarity Networks Company Profile

NTG Clarity Networks Inc provides telecommunications engineering, information technology, networking, and related software solutions worldwide. Its products include NTGapps, that designs to simplify the telecom digital transformation by providing digital application template; StageEM, an enterprise solution that covers project portfolio management, demand and capacity, analytic and dashboard, and decision-making using real-time data; Workflow Management solution, which enable organization to design, deploy, execute, monitor, and analyze their business process; Network Inventory Management solution that covers network, service, and resource for organization; and Partner Relationship Management solution, which covers the value chain of partnership and enable vendor to manage their strategic partner.