NTG Clarity Networks (CVE:NCI) Stock Price Down 39% – Here’s What Happened

NTG Clarity Networks Inc. (CVE:NCI)’s stock price fell 39% on Friday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 842,767 shares changed hands during trading, an increase of 1,236% from the average session volume of 63,058 shares. The stock had previously closed at C$0.82.

NTG Clarity Networks Stock Down 40.2%

The company has a market cap of C$23.52 million, a P/E ratio of 6.12 and a beta of 1.23. The company has a current ratio of 3.12, a quick ratio of 0.53 and a debt-to-equity ratio of 21.05. The firm’s 50 day moving average price is C$0.78 and its 200-day moving average price is C$0.89.

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.