TeraGo (TSE:TGO) Reaches New 1-Year Low – Should You Sell?

TeraGo Inc. (TSE:TGO)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.75 and last traded at C$0.79, with a volume of 7500 shares. The stock had previously closed at C$0.78.

TeraGo Stock Up 7.9%

The company’s 50-day simple moving average is C$0.84 and its 200 day simple moving average is C$1.04. The company has a debt-to-equity ratio of 560.14, a current ratio of 0.24 and a quick ratio of 0.60. The firm has a market cap of C$31.98 million, a P/E ratio of -1.27, a price-to-earnings-growth ratio of -1.00 and a beta of 0.45.

TeraGo (TSE:TGO) last released its earnings results on Monday, November 10th. The company reported C($0.12) earnings per share (EPS) for the quarter. TeraGo had a negative net margin of 52.27% and a negative return on equity of 108.94%. The company had revenue of C$6.40 million during the quarter. Research analysts anticipate that TeraGo Inc. will post -0.49 EPS for the current fiscal 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.