The stock of Sangoma Technologies Corporation (CVE:STC) is a huge mover today! About 155,200 shares traded hands or 109.53% up from the average. Sangoma Technologies Corporation (CVE:STC) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 5 months positive chart setup for the $11.27M company. It was reported on Nov, 18 by Barchart.com. We have $0.51 PT which if reached, will make CVE:STC worth $5.07M more.
More notable recent Sangoma Technologies Corporation (CVE:STC) news were published by: Marketwired.com which released: “Nicholas Galea Announces Increased Holdings in Sangoma Technologies Corporation” on November 14, 2016, also Marketwired.com with their article: “Nicholas Galea Announces Holdings in Sangoma Technologies Corporation” published on August 19, 2016, Finance.Yahoo.com published: “Sangoma Reports Results for the First Quarter of Fiscal 2017” on November 17, 2016. More interesting news about Sangoma Technologies Corporation (CVE:STC) were released by: Marketwired.com and their article: “Sangoma Technologies Introduces PBXact UCC, a New Cloud-Based Business …” published on August 16, 2016 as well as Marketwired.com‘s news article titled: “Sangoma Completes the Acquisition of Two Businesses” with publication date: January 02, 2015.
Sangoma Technologies Corporation is a well-known provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. The company has a market cap of $11.27 million. The Firm is engaged in the development, manufacturing, distribution and support of voice and data connectivity components for software communication applications. It has a 24.7 P/E ratio. The Company’s product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software.