TeraGo (TSE:TGO) Reaches New 12-Month High – Here’s What Happened

TeraGo Inc. (TSE:TGO)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$1.25 and last traded at C$1.33, with a volume of 45262 shares trading hands. The stock had previously closed at C$1.25.

TeraGo Stock Performance

The company has a debt-to-equity ratio of 2,100.38, a quick ratio of 0.60 and a current ratio of 1.26. The company has a market capitalization of C$53.45 million, a P/E ratio of -2.91, a price-to-earnings-growth ratio of -1.00 and a beta of 0.40. The business has a 50 day moving average of C$0.92 and a 200-day moving average of C$0.84.

TeraGo (TSE:TGO) last released its quarterly earnings data on Tuesday, May 12th. The company reported C($0.08) earnings per share (EPS) for the quarter. The company had revenue of C$6.17 million for the quarter. TeraGo had a negative net margin of 65.17% and a negative return on equity of 4,295.54%. On average, sell-side analysts predict that TeraGo Inc. will post -0.49 EPS for the current fiscal year.

TeraGo Company Profile

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.