TeraGo (TSE:TGO) Sets New 1-Year Low – What’s Next?

TeraGo Inc. (TSE:TGO) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.67 and last traded at C$0.67, with a volume of 21193 shares trading hands. The stock had previously closed at C$0.69.

TeraGo Stock Performance

The company has a debt-to-equity ratio of 560.14, a quick ratio of 0.60 and a current ratio of 0.24. The company has a market cap of C$26.52 million, a price-to-earnings ratio of -1.05, a PEG ratio of -1.00 and a beta of 0.64. The firm’s 50-day moving average price is C$0.80 and its 200 day moving average price is C$1.00.

TeraGo (TSE:TGO) last announced its quarterly earnings data 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 business had revenue of C$6.40 million during the quarter. On average, sell-side analysts anticipate that TeraGo Inc. will post -0.49 EPS for the current 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. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.