TeraGo (TSE:TGO) Stock Crosses Above 200 Day Moving Average – What’s Next?

TeraGo Inc. (TSE:TGO)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.05 and traded as high as C$2.15. TeraGo shares last traded at C$2.14, with a volume of 400 shares traded.

TeraGo Stock Performance

The company has a market capitalization of C$42.63 million, a P/E ratio of -3.15, a price-to-earnings-growth ratio of -1.00 and a beta of 0.94. The business has a 50 day moving average of C$2.16 and a 200 day moving average of C$2.05. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 357.24.

TeraGo (TSE:TGO) last posted its earnings results on Wednesday, August 7th. The company reported C($0.16) EPS for the quarter. TeraGo had a negative net margin of 51.42% and a negative return on equity of 77.84%. The firm had revenue of C$6.58 million for the quarter. On average, sell-side analysts predict that TeraGo Inc. will post -0.49 earnings per share for the current year.

TeraGo Company Profile

TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.