TeraGo (TSE:TGO) Hits New 52-Week Low – Time to Sell?

TeraGo Inc. (TSE:TGO)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.60 and last traded at C$0.60, with a volume of 53343 shares traded. The stock had previously closed at C$0.60.

TeraGo Price Performance

The firm’s 50 day simple moving average is C$0.77 and its 200-day simple moving average is C$0.97. The company has a market cap of C$23.40 million, a price-to-earnings ratio of -0.93, a P/E/G ratio of -1.00 and a beta of 0.64. The company has a debt-to-equity ratio of 560.14, a current ratio of 0.24 and a quick ratio of 0.60.

TeraGo (TSE:TGO) last posted its earnings results 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 return on equity of 108.94% and a negative net margin of 52.27%. As a group, sell-side analysts anticipate 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.