NTG Clarity Networks (CVE:NCI) Reaches New 12-Month Low – Should You Sell?

NTG Clarity Networks Inc. (CVE:NCI) hit a new 52-week low on Thursday . The company traded as low as C$0.87 and last traded at C$0.88, with a volume of 95803 shares traded. The stock had previously closed at C$0.93.

Analyst Upgrades and Downgrades

Separately, Atrium Research upgraded NTG Clarity Networks to a “strong-buy” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, NTG Clarity Networks presently has a consensus rating of “Strong Buy”.

NTG Clarity Networks Stock Performance

The business’s fifty day moving average price is C$1.08 and its 200-day moving average price is C$1.39. The company has a debt-to-equity ratio of 20.59, a quick ratio of 0.53 and a current ratio of 3.13. The stock has a market cap of C$41.20 million, a PE ratio of 6.21 and a beta of 0.35.

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.