TeraGo (TSE:TGO) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

TeraGo Inc. (TSE:TGOGet Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.05 and traded as high as C$2.15. TeraGo shares last traded at C$2.14, with a volume of 400 shares traded.

TeraGo Trading Up 6.5 %

The company has a market cap of C$42.43 million, a P/E ratio of -3.13, a price-to-earnings-growth ratio of -1.00 and a beta of 0.94. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 357.24. The firm’s 50-day moving average price is C$2.16 and its 200-day moving average price is C$2.06.

TeraGo (TSE:TGOGet Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C($0.16) EPS for the quarter. The company had revenue of C$6.58 million during the quarter. TeraGo had a negative return on equity of 77.84% and a negative net margin of 51.42%. As a group, equities research analysts expect that TeraGo Inc. will post -0.49 earnings per share for the current fiscal year.

About TeraGo

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TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.

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