Closing Bell: Sangoma Technologies Corp down on Friday (STC)

Sangoma Technologies Corp opened trading today at $6.90 and closed at $6.57. It traded at a low of $6.57 to a high of $6.98.

The price reduced -7.20% from the previous day's close of $7.08.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Sangoma Technologies Corp traded under STC on the Toronto Stock Exchange (TSX).

Trading volume was 20,139 on 93 total trades. On average, Sangoma Technologies Corp has traded 7,810 shares over 5 days and 23,299 year-to-date.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, STC.TO has traded as high as $8.09 (June 11,2024) and low as $3.00 (November 15,2023). Moreover, in the last 52 weeks, Sangoma Technologies Corp's shares have advanced 3.79 percent, while they have jumped 54.95% since the start of 2024.

It announced a 0.08 dividend on February 08/06, with an February 17/06 ex-date and March 13/06 pay day.

Following today's trading, Sangoma Technologies Corp has a market capitalization of $235.83 million on a float of 33,333 shares outstanding. Its annual EPS is $-0.92.

Sangoma Technologies Corp is a TSX Software company headquartered in Markham, CAN.

Currently, Sangoma Technologies Corp's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..