Sangoma Technologies Corp Stock Today

SANG Stock  USD 6.10  0.15  2.40%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 52

 
High
 
Low
Average
Sangoma Technologies is trading at 6.10 as of the 21st of November 2024. This is a 2.4% down since the beginning of the trading day. The stock's lowest day price was 6.06. Sangoma Technologies has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Sangoma Technologies Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
8th of November 2021
Category
Technology
Classification
Information Technology
Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. Sangoma Technologies Corporation was founded in 1984 and is headquartered in Markham, Canada. The company has 33.54 M outstanding shares of which 5.9 K shares are at this time shorted by private and institutional investors with about 1.07 trading days to cover. More on Sangoma Technologies Corp

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Sangoma Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorCharles Salameh
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Sangoma Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sangoma Technologies' financial leverage. It provides some insight into what part of Sangoma Technologies' total assets is financed by creditors.
Liquidity
Sangoma Technologies Corp currently holds 89.11 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Sangoma Technologies Corp has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sangoma Technologies' use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

4.08 Million
Sangoma Technologies Corp (SANG) is traded on NASDAQ Exchange in USA. It is located in 100 Renfrew Drive, Markham, ON, Canada, L3R 9R6 and employs 1,342 people. Sangoma Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 210.5 M. Sangoma Technologies Corp conducts business under Software sector and is part of Information Technology industry. The entity has 33.54 M outstanding shares of which 5.9 K shares are at this time shorted by private and institutional investors with about 1.07 trading days to cover. Sangoma Technologies Corp currently holds about 12.7 M in cash with 44.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Check Sangoma Technologies Probability Of Bankruptcy
Ownership Allocation
Sangoma Technologies Corp shows a total of 33.54 Million outstanding shares. Sangoma Technologies Corp maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sangoma Ownership Details

Sangoma Stock Institutional Holders

InstituionRecorded OnShares
Advisor Group Holdings, Inc.2024-06-30
28.1 K
Hillsdale Investment Management Inc.2024-09-30
26.6 K
H D Vest Advisory Services2024-06-30
19 K
Scotia Capital Inc2024-06-30
14 K
Legacy Advisors, Llc2024-09-30
10 K
Morgan Stanley - Brokerage Accounts2024-06-30
K
Federation Des Caisses Desjardins Du Quebec2024-06-30
1.4 K
Bank Of America Corp2024-06-30
500
Hanson Mcclain Inc2024-09-30
47.0
Penderfund Capital Management Ltd2024-06-30
3.1 M
Alberta Investment Management Corp2024-09-30
1.1 M
View Sangoma Technologies Diagnostics

Sangoma Technologies Historical Income Statement

At this time, Sangoma Technologies' Gross Profit is most likely to increase significantly in the upcoming years. The Sangoma Technologies' current Other Operating Expenses is estimated to increase to about 259.6 M, while EBIT is forecasted to increase to (3.1 M). View More Fundamentals

Sangoma Stock Against Markets

Sangoma Technologies Corporate Management

When determining whether Sangoma Technologies Corp is a strong investment it is important to analyze Sangoma Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sangoma Technologies' future performance. For an informed investment choice regarding Sangoma Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sangoma Technologies. If investors know Sangoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sangoma Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.25)
Revenue Per Share
7.335
Quarterly Revenue Growth
(0.05)
Return On Assets
(0)
Return On Equity
(0.03)
The market value of Sangoma Technologies Corp is measured differently than its book value, which is the value of Sangoma that is recorded on the company's balance sheet. Investors also form their own opinion of Sangoma Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sangoma Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sangoma Technologies' market value can be influenced by many factors that don't directly affect Sangoma Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sangoma Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangoma Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangoma Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.