TeraGo Inc. (TGO) Insider Ron Perrotta Buys 5,500 Shares
TeraGo Inc. (TSE:TGO) insider Ron Perrotta bought 5,500 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The shares were acquired at an average price of C$4.70 per share, for a total transaction of C$25,850.00.
Ron Perrotta also recently made the following trade(s):
- On Wednesday, June 21st, Ron Perrotta purchased 8,800 shares of TeraGo stock. The shares were purchased at an average price of C$4.90 per share, with a total value of C$43,120.00.
- On Tuesday, May 23rd, Ron Perrotta purchased 650 shares of TeraGo stock. The shares were purchased at an average price of C$4.75 per share, with a total value of C$3,087.50.
- On Wednesday, May 24th, Ron Perrotta purchased 5,700 shares of TeraGo stock. The shares were purchased at an average price of C$4.75 per share, with a total value of C$27,075.00.
TeraGo Inc. (TSE:TGO) traded up 1.64% on Wednesday, reaching $4.95. 12,715 shares of the company’s stock traded hands. The firm’s market cap is $70.67 million. The firm’s 50-day moving average is $4.72 and its 200 day moving average is $4.28. TeraGo Inc. has a 12 month low of $3.55 and a 12 month high of $5.50.
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Several research firms have issued reports on TGO. Desjardins restated a “buy” rating and set a C$5.00 price target on shares of TeraGo in a report on Wednesday, March 1st. TD Securities lowered their price target on shares of TeraGo from C$6.00 to C$5.00 and set a “buy” rating for the company in a report on Tuesday, February 28th.
TeraGo Company Profile
Terago Inc, through its subsidiaries, provides businesses across Canada with data and voice communications services, data center colocation and hosting services through its approximately seven data centers, as well as cloud Infrastructure as a Service (IaaS) computing and storage solutions. With respect to its data and voice communications services, the Company owns and operates a carrier-grade, MultiProtocol Label Switching (MPLS)-enabled fixed wireless, Internet protocol (IP) communications network in Canada targeting businesses that require Internet access and data connectivity services.
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