TD Securities Increases Sangoma Technologies (CVE:STC) Price Target to C$10.00

Sangoma Technologies (CVE:STC) had its target price lifted by TD Securities from C$8.00 to C$10.00 in a report released on Thursday morning, BayStreet.CA reports.

Sangoma Technologies Price Performance

CVE STC opened at C$3.99 on Thursday. The company has a debt-to-equity ratio of 23.80, a current ratio of 0.97 and a quick ratio of 0.69. The firm has a market capitalization of C$531.28 million and a price-to-earnings ratio of 997.50. The company has a 50 day simple moving average of C$3.99 and a 200-day simple moving average of C$3.99. Sangoma Technologies has a 52-week low of C$2.53 and a 52-week high of C$5.50.

About Sangoma Technologies

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a business phone system; PBXact, a phone system; Internet protocol (IP) phones; service provider and voice over Internet protocol gateways; Switchvox Cloud, a unified communications solution; SIPstation SIP Trunking, a hosted session initiation protocol trunking service; PBXact Cloud, a cloud based private branch exchange service; and FAXStation, a fax-over-IP solution.