NTG Clarity Networks (CVE:NCI) Stock Price Down 1.4% – Here’s What Happened

Shares of NTG Clarity Networks Inc. (CVE:NCI) dropped 1.4% on Wednesday. The stock traded as low as C$0.34 and last traded at C$0.34. 45,227 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 63,448 shares. The stock had previously closed at C$0.34.

NTG Clarity Networks Stock Performance

The company has a market capitalization of C$16.32 million, a PE ratio of 3.09 and a beta of 1.29. The company has a debt-to-equity ratio of 18.93, a quick ratio of 0.53 and a current ratio of 3.45. The stock’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.77.

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.