NTG Clarity Networks (CVE:NCI) Trading Down 21.2% – Here’s Why

Shares of NTG Clarity Networks Inc. (CVE:NCI) traded down 21.2% on Thursday . The stock traded as low as C$0.90 and last traded at C$1.19. 556,470 shares traded hands during trading, an increase of 233% from the average session volume of 166,864 shares. The stock had previously closed at C$1.51.

NTG Clarity Networks Price Performance

The stock has a market capitalization of C$58.88 million, a price-to-earnings ratio of 9.69 and a beta of 1.13. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 75.40. The stock has a fifty day moving average of C$1.77 and a 200-day moving average of C$2.05.

About NTG Clarity Networks

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.