NTG Clarity Networks (CVE:NCI) Stock Price Down 11.8%

NTG Clarity Networks Inc. (CVE:NCI)’s share price fell 11.8% during mid-day trading on Wednesday . The stock traded as low as C$1.32 and last traded at C$1.35. 85,369 shares traded hands during trading, a decline of 19% from the average session volume of 105,277 shares. The stock had previously closed at C$1.53.

NTG Clarity Networks Stock Performance

The company has a debt-to-equity ratio of 455.97, a quick ratio of 0.53 and a current ratio of 1.25. The firm’s fifty day moving average price is C$1.30 and its 200 day moving average price is C$0.80. The firm has a market cap of C$50.79 million, a P/E ratio of 30.60 and a beta of 1.17.

NTG Clarity Networks (CVE:NCI) last announced its earnings results on Monday, July 29th. The company reported C$0.06 earnings per share (EPS) for the quarter. The company had revenue of C$12.49 million for the quarter.

Insider Activity

In other NTG Clarity Networks news, Director Mohammed Saleem Siddiqi sold 50,000 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of C$1.82, for a total value of C$90,785.00. Company insiders own 45.23% of the company’s stock.

About NTG Clarity Networks

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.