Sangoma Technologies (TSE:STC) Sets New 12-Month High – Should You Buy?

by · The Cerbat Gem

Sangoma Technologies Co. (TSE:STC – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$8.60 and last traded at C$8.58, with a volume of 7093 shares trading hands. The stock had previously closed at C$8.50.

Analyst Ratings Changes

Separately, TD Securities boosted their price target on Sangoma Technologies from C$8.00 to C$10.00 in a research report on Thursday, September 19th.

View Our Latest Report on STC

Sangoma Technologies Stock Down 2.0 %

The company has a market cap of C$279.39 million, a P/E ratio of -23.61 and a beta of 1.63. The company has a debt-to-equity ratio of 34.31, a current ratio of 0.95 and a quick ratio of 0.69. The company’s 50-day moving average is C$6.10 and its two-hundred day moving average is C$4.73.

Sangoma Technologies Company Profile

(Get Free Report)

Sangoma Technologies Corporation, together with its subsidiaries, develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally. The company offers communications platforms comprising pure cloud and hybrid unified communications as a service, and on-premises systems; retail and wholesale SIP trunking, as well as fax as a service; Sangoma TeamHub, a unified communications and collaboration platform for business productivity; Sangoma Meet, a multi-party video conferencing platform; and Sangoma CX, a cloud-native contact center suite that enables businesses to manage inbound interactions across multiple channels.

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