NTG Clarity Networks (CVE:NCI) Given a C$3.25 Price Target at Canaccord Genuity Group

NTG Clarity Networks (CVE:NCI) has been given a C$3.25 price objective by analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 64.97% from the stock’s current price.

NTG Clarity Networks Price Performance

NCI stock traded up C$0.27 during midday trading on Tuesday, hitting C$1.97. 174,556 shares of the stock were exchanged, compared to its average volume of 128,661. NTG Clarity Networks has a fifty-two week low of C$0.23 and a fifty-two week high of C$2.30. The stock has a market cap of C$81.20 million, a price-to-earnings ratio of 11.61 and a beta of 1.10. The stock’s 50-day moving average price is C$1.78 and its 200-day moving average price is C$1.50. The company has a debt-to-equity ratio of 75.40, a quick ratio of 0.53 and a current ratio of 1.82.

NTG Clarity Networks Company Profile

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.