TeraGo (TSE:TGO) Reaches New 1-Year Low – Time to Sell?

TeraGo Inc. (TSE:TGO) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.80 and last traded at C$0.81, with a volume of 14188 shares trading hands. The stock had previously closed at C$0.79.

TeraGo Stock Performance

The company has a 50 day moving average of C$0.75 and a two-hundred day moving average of C$0.95. The company has a debt-to-equity ratio of 560.14, a current ratio of 0.24 and a quick ratio of 0.60. The company has a market capitalization of C$31.59 million, a PE ratio of -1.25, a PEG ratio of -1.00 and a beta of 1.25.

TeraGo (TSE:TGO) last announced its quarterly earnings data on Monday, November 10th. The company reported C($0.12) EPS for the quarter. The firm had revenue of C$6.40 million for the quarter. TeraGo had a negative net margin of 52.27% and a negative return on equity of 108.94%. As a group, equities research analysts predict that TeraGo Inc. will post -0.49 earnings per share for the current year.

TeraGo Company Profile

TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The Company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.