NTG Clarity Networks (CVE:NCI) Shares Up 27% – Here’s Why

NTG Clarity Networks Inc. (CVE:NCI) traded up 27% during mid-day trading on Tuesday. The company traded as high as C$0.40 and last traded at C$0.40. Approximately 149,778 shares changed hands during trading, an increase of 125% from the average daily volume of 66,485 shares. The stock had previously closed at C$0.32.

NTG Clarity Networks Trading Up 23.8%

The company has a market capitalization of C$18.72 million, a price-to-earnings ratio of 3.55 and a beta of 1.24. The firm has a 50-day moving average price of C$0.53 and a 200-day moving average price of C$0.74. The company has a current ratio of 3.45, a quick ratio of 0.53 and a debt-to-equity ratio of 18.93.

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.