Sangoma Technologies (CVE:STC) Stock Price Down 0.9%

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Sangoma Technologies Co. (CVE:STC)’s share price was down 0.9% during mid-day trading on Thursday . The stock traded as low as C$2.10 and last traded at C$2.10, approximately 21,368 shares were traded during trading. A decline of 79% from the average daily volume of 100,839 shares. The stock had previously closed at C$2.12.

The firm has a fifty day simple moving average of C$1.66 and a 200-day simple moving average of C$1.61. The firm has a market cap of $140.90 million and a price-to-earnings ratio of 73.21. The company has a debt-to-equity ratio of 54.34, a quick ratio of 0.75 and a current ratio of 1.17.

About Sangoma Technologies (CVE:STC)

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. It offers private branch exchange (PBX) platforms, including PBXact Cloud, a cloud based business communication platform; PBXact, an on-premise PBX phone systems; PBXact SaaS, software as a service; and FreePBX.

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