Sangoma Technologies Co. (CVE:STC) Director Sells C$11,347.62 in Stock

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Sangoma Technologies Co. (CVE:STC) Director Yves Laliberte sold 7,006 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of C$1.62, for a total transaction of C$11,347.62. Following the transaction, the director now owns 67,838 shares in the company, valued at approximately C$109,877.21.

CVE:STC opened at C$1.54 on Wednesday. Sangoma Technologies Co. has a 1 year low of C$1.02 and a 1 year high of C$1.84. The firm has a fifty day moving average price of C$1.65. The company has a quick ratio of 0.69, a current ratio of 1.21 and a debt-to-equity ratio of 59.21. The firm has a market cap of $85.69 million and a price-to-earnings ratio of 140.00.

Separately, Beacon Securities restated a “buy” rating on shares of Sangoma Technologies in a research note on Tuesday, May 28th.

About Sangoma Technologies

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. It offers private branch exchange (PBX) platforms, including PBXact Cloud, a cloud based business communication platform; PBXact, an on-premise PBX phone systems; PBXact SaaS, software as a service; and FreePBX.

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