Sangoma Technologies Corp Stock Price on September 30, 2023

SANG Stock  USD 6.10  0.15  2.40%   
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 6.10, as last reported on the 22nd of November, with the highest price reaching 6.10 and the lowest price hitting 6.10 during the day.
IPO Date
8th of November 2021
200 Day MA
5.0792
50 Day MA
5.9074
Beta
1.691
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.073, which indicates the firm had a 0.073% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sangoma Technologies Corp, which you can use to evaluate the volatility of the company. Please review Sangoma Technologies' Risk Adjusted Performance of 0.0942, coefficient of variation of 868.73, and Semi Deviation of 2.3 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 Sales Ratio is most likely to increase significantly in the upcoming years. Sangoma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.073

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Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Sangoma Technologies is performing at about 5% 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
0.8117
Enterprise Value Ebitda
6.3921
Price Sales
0.8613
Shares Float
25.9 M
Wall Street Target Price
8.375

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Sangoma Technologies Valuation on September 30, 2023

It is possible to determine the worth of Sangoma Technologies on a given historical date. On September 30, 2023 Sangoma was worth 3.2 at the beginning of the trading date compared to the closed value of 3.47. 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
  3.56    3.56    3.22    3.30    12,500  
09/29/2023
  3.20    3.47    3.20    3.47    4,000  
  3.44    3.44    3.22    3.33    7,400  
Backtest Sangoma Technologies  |  Sangoma Technologies History  |  Sangoma Technologies Valuation   PreviousNext  
Open Value
3.2
3.47
Closing Value
12.23
Upside

Sangoma Technologies Trading Date Momentum on September 30, 2023

On October 02 2023 Sangoma Technologies Corp was traded for  3.33  at the closing time. The top price for the day was 3.44  and the lowest listed price was  3.22 . The trading volume for the day was 7.4 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.03% . The trading price change against the current closing price is 4.90% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding33.2 M34.8 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.
A focus of Sangoma Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sangoma Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sangoma Technologies Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sangoma Technologies Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sangoma Technologies November 22, 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.

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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