TeraGo (TSE:TGO) Reaches New 52-Week High – Should You Buy?

TeraGo Inc. (TSE:TGO)’s share price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as C$2.07 and last traded at C$1.92, with a volume of 31,303 shares changing hands. The stock had previously closed at C$1.66.

TeraGo Trading Down 6.2%

The company has a debt-to-equity ratio of -4,868.75, a quick ratio of 0.60 and a current ratio of 1.03. The firm has a market cap of C$71.44 million, a P/E ratio of -7.04, a PEG ratio of -1.00 and a beta of 0.02. The company has a 50 day moving average of C$1.46 and a 200 day moving average of C$1.27.

TeraGo (TSE:TGO) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.10) EPS for the quarter. The business had revenue of C$6.21 million for the quarter. TeraGo had a negative return on equity of 2,436.24% and a negative net margin of 63.78%. Analysts predict that TeraGo Inc. will post -0.49 EPS for the current fiscal year.

TeraGo Company Profile

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.