Ventum Financial Reiterates “C$2.00” Price Target for NTG Clarity Networks (CVE:NCI)

by · The Markets Daily

Ventum Financial set a C$2.00 price objective on NTG Clarity Networks (CVE:NCI – Free Report) in a research report released on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Atrium Research upgraded shares of NTG Clarity Networks to a “strong-buy” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, NTG Clarity Networks presently has a consensus rating of “Strong Buy” and an average target price of C$2.00.

Read Our Latest Analysis on NCI

NTG Clarity Networks Stock Performance

Shares of NCI opened at C$0.99 on Wednesday. The firm’s 50-day moving average price is C$1.06 and its 200-day moving average price is C$1.36. The company has a current ratio of 3.13, a quick ratio of 0.53 and a debt-to-equity ratio of 20.59. The firm has a market capitalization of C$46.88 million, a price-to-earnings ratio of 7.07 and a beta of 0.35. NTG Clarity Networks has a 1-year low of C$0.81 and a 1-year high of C$2.97.

About NTG Clarity Networks

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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.

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