TeraGo (TSE:TGO) Stock Passes Above 200-Day Moving Average – Here’s What Happened

TeraGo Inc. (TSE:TGOGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.18 and traded as high as C$1.31. TeraGo shares last traded at C$1.23, with a volume of 36,693 shares changing hands.

TeraGo Trading Up 12.8%

The firm has a market cap of C$24.60 million, a PE ratio of -1.80, a P/E/G ratio of -1.00 and a beta of 0.94. The company has a current ratio of 0.24, a quick ratio of 0.60 and a debt-to-equity ratio of 560.14. The business has a fifty day moving average price of C$1.17 and a 200 day moving average price of C$1.18.

TeraGo Company Profile

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TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The Company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services.

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