Sangoma Technologies Corp Stock Price on December 11, 2024
SANG Stock | USD 6.70 0.18 2.62% |
Below is the normalized historical share price chart for Sangoma Technologies Corp extending back to February 22, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sangoma Technologies stands at 6.70, as last reported on the 18th of December 2024, with the highest price reaching 6.70 and the lowest price hitting 6.70 during the day.
If you're considering investing in Sangoma Stock, it is important to understand the factors that can impact its price. Sangoma Technologies appears to be somewhat reliable, given 3 months investment horizon. Sangoma Technologies Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sangoma Technologies Corp, which you can use to evaluate the volatility of the company. Please review Sangoma Technologies' Semi Deviation of 2.29, coefficient of variation of 1125.29, and Risk Adjusted Performance of 0.0716 to confirm if our risk estimates are consistent with your expectations.
At this time, Sangoma Technologies' Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Sangoma Technologies' current Other Stockholder Equity is estimated to increase to about 23.6 M, while Issuance Of Capital Stock is projected to decrease to roughly 3.8 M. . At this time, Sangoma Technologies' Price To Sales Ratio is most likely to drop in the upcoming years. The Sangoma Technologies' current Price Sales Ratio is estimated to increase to 1.54, while Price Earnings Ratio is forecasted to increase to (0.77). Sangoma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 2021 | 200 Day MA 5.2875 | 50 Day MA 6.1032 | Beta 1.691 |
Sangoma |
Sharpe Ratio = 0.1187
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Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sangoma Technologies is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sangoma Technologies by adding it to a well-diversified portfolio.
Price Book 0.8936 | Enterprise Value Ebitda 6.8165 | Price Sales 0.9441 | Shares Float 25.9 M | Wall Street Target Price 8.375 |
Sangoma Technologies Main Headline on 11th of December 2024
Is Sangoma Technologies ready for a correction by Macroaxis
When it rains, it pours, and for Sangoma Technologies Corp, the recent uptick in stock price might just be the start of a more significant surge. This NASDAQ-listed company, operating within the Software - Infrastructure sector, has caught the eye of investors with its over 1% gain. However, a deeper dive into its financials reveals a complex picture. Despite a market capitalization of $216.7 million, Sangoma faces challenges, such as a net income loss of $8.7 million from continuing operations and a probability of bankruptcy standing at 61.79%. On the brighter side, the company boasts a cash flow from operations of $44.25 million, indicating some financial resilience. With a current ratio of 0.78X, the company may need to bolster its liquidity to sustain growth. As investors weigh these factors, the question remains: is this the beginning of a larger rally, or just a fleeting moment of optimism? With growing interest in the software sector, Sangoma Technologies Corp. deserves a closer look. However, given the current market volatility, it's understandable why some investors might be hesitant. The key question is whether Sangoma's valuation is justified. Let's explore this to provide a clearer perspective on whether investing in this stock makes sense.
Sangoma Technologies Valuation on December 11, 2024
It is possible to determine the worth of Sangoma Technologies on a given historical date. On December 11, 2024 Sangoma was worth 6.59 at the beginning of the trading date compared to the closed value of 6.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sangoma Technologies stock. Still, in general, we apply an absolute valuation method to find Sangoma Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sangoma Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sangoma Technologies' related companies.
Open | High | Low | Close | Volume | |
6.32 | 6.50 | 6.23 | 6.50 | 4,996 | |
12/11/2024 | 6.59 | 6.70 | 6.52 | 6.69 | 11,067 |
6.63 | 6.63 | 6.51 | 6.51 | 825.00 |
Backtest Sangoma Technologies | | | Sangoma Technologies History | | | Sangoma Technologies Valuation | Previous | Next |
Sangoma Technologies Trading Date Momentum on December 11, 2024
On December 12 2024 Sangoma Technologies Corp was traded for 6.51 at the closing time. The top price for the day was 6.63 and the lowest listed price was 6.51 . The trading volume for the day was 825. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.69% . The trading price change against the current closing price is 2.84% . |
Sangoma Technologies Corp Fundamentals Correlations and Trends
By evaluating Sangoma Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sangoma Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sangoma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sangoma Technologies Stock history
Sangoma Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sangoma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sangoma Technologies Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sangoma Technologies stock prices may prove useful in developing a viable investing in Sangoma Technologies
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 33.2 M | 34.8 M | |
Net Loss | -26.1 M | -27.4 M |
Sangoma Technologies Stock Technical Analysis
Sangoma Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sangoma Technologies Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
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Sangoma Technologies December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Sangoma Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sangoma Technologies shares will generate the highest return on investment. By undertsting and applying Sangoma Technologies stock market strength indicators, traders can identify Sangoma Technologies Corp entry and exit signals to maximize returns
Sangoma Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sangoma Technologies' price direction in advance. Along with the technical and fundamental analysis of Sangoma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sangoma to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0716 | |||
Jensen Alpha | 0.2039 | |||
Total Risk Alpha | 0.0137 | |||
Sortino Ratio | 0.0621 | |||
Treynor Ratio | 0.9019 |
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Complementary Tools for Sangoma Stock analysis
When running Sangoma Technologies' price analysis, check to measure Sangoma Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sangoma Technologies is operating at the current time. Most of Sangoma Technologies' value examination focuses on studying past and present price action to predict the probability of Sangoma Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sangoma Technologies' price. Additionally, you may evaluate how the addition of Sangoma Technologies to your portfolios can decrease your overall portfolio volatility.
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