Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Technology Communication Equipment

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.

TSX:STC - Post by User

Sangoma Technologies Corp

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Post by prophetoffactzon Feb 16, 2023 11:40am

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Post# 35289987

Seven analysts have an average target price of $13.99

with the lowest target price $10.50 and the highest target price $18 according to Yahoo!

I wouldn't be surprised if about 14% of the outstanding shares have now traded off the earnings release. A few shareholders may have stampeded for the exit at the same time with the consensus price target much higher. That may have been the capitulation STC needed.

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