NTG Clarity Networks (CVE:NCI) PT Set at C$2.00 by Ventum Financial

NTG Clarity Networks (CVE:NCI) received a C$2.00 price objective from Ventum Financial in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s price objective indicates a potential upside of 102.02% from the company’s previous close.

Separately, Atrium Research upgraded NTG Clarity Networks to a “strong-buy” rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat, the company has an average rating of “Strong Buy” and a consensus price target of C$2.00.

NTG Clarity Networks Stock Performance

Shares of NTG Clarity Networks stock opened at C$0.99 on Wednesday. The firm has a 50-day simple moving average of C$1.06 and a two-hundred day simple moving average of C$1.37. The company has a market cap of C$46.88 million, a P/E ratio of 7.07 and a beta of 0.35. NTG Clarity Networks has a fifty-two week low of C$0.81 and a fifty-two week high of C$2.97. The company has a debt-to-equity ratio of 20.59, a quick ratio of 0.53 and a current ratio of 3.13.

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.