TeraGo (TSE:TGO) Shares Pass Above 200 Day Moving Average of $1.45

TeraGo Inc. (TSE:TGO) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.45 and traded as high as C$2.21. TeraGo shares last traded at C$1.92, with a volume of 9,155 shares changing hands.

TeraGo Trading Up 6.8 %

The stock has a market capitalization of C$40.69 million, a price-to-earnings ratio of -3.06, a P/E/G ratio of -1.00 and a beta of 0.93. The company has a debt-to-equity ratio of 184.24, a quick ratio of 0.60 and a current ratio of 0.93. The firm has a fifty day moving average of C$1.48 and a 200-day moving average of C$1.46.

TeraGo (TSE:TGO) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C($0.18) earnings per share (EPS) for the quarter. TeraGo had a negative net margin of 50.61% and a negative return on equity of 56.19%. The company had revenue of C$6.54 million during the quarter. As a group, equities analysts predict that TeraGo Inc. will post -0.49 earnings per share for the current fiscal year.

Insider Activity at TeraGo

In other news, Director Daniel Vucinic acquired 26,000 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was bought at an average cost of C$1.49 per share, with a total value of C$38,766.00. 0.35% of the stock is owned by insiders.

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.