Spectrum Global Solutions (OTCMKTS:SGSI) Shares Up 12.9% – Time to Buy?

Spectrum Global Solutions, Inc. (OTCMKTS:SGSI) shot up 12.9% during mid-day trading on Tuesday . The stock traded as high as $0.35 and last traded at $0.35. 701 shares traded hands during trading, a decline of 100% from the average session volume of 510,860 shares. The stock had previously closed at $0.31.

Spectrum Global Solutions Stock Performance

The firm has a fifty day moving average price of $0.39 and a 200 day moving average price of $0.30. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.38 and a current ratio of 0.38. The stock has a market cap of $16.24 million, a PE ratio of -0.66 and a beta of -0.86.

Spectrum Global Solutions Company Profile

Spectrum Global Solutions (OTCMKTS: SGSI) is an information technology and professional services firm focused on enabling digital transformation for corporate and public sector clients. The company’s consulting practice advises organizations on IT strategy, cloud adoption and infrastructure modernization, while its managed services group handles day-to-day operations, security monitoring and ongoing platform optimization.

In cloud computing, Spectrum Global Solutions partners with leading public‐cloud providers to architect, deploy and manage scalable environments.