Cormark Brokers Increase Earnings Estimates for TeraGo

TeraGo Inc. (TSE:TGOFree Report) – Equities researchers at Cormark increased their FY2024 earnings estimates for TeraGo in a research note issued to investors on Wednesday, November 13th. Cormark analyst D. Mcfadgen now expects that the company will earn ($0.62) per share for the year, up from their previous estimate of ($0.64). The consensus estimate for TeraGo’s current full-year earnings is ($0.49) per share. Cormark also issued estimates for TeraGo’s FY2025 earnings at ($0.62) EPS.

TeraGo Stock Down 6.0 %

TGO stock opened at C$1.40 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 357.24. The company’s 50 day moving average is C$2.04 and its 200 day moving average is C$2.06. The stock has a market cap of C$27.89 million, a price-to-earnings ratio of -2.06, a price-to-earnings-growth ratio of -1.00 and a beta of 0.94. TeraGo has a 1-year low of C$1.15 and a 1-year high of C$2.83.

About TeraGo

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TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services.

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