Sangoma Technologies Corp Stock Today
| SANG Stock | USD 4.36 0.26 6.34% |
Performance14 of 100
| Odds Of DistressLess than 46
|
Sangoma Technologies is trading at 4.36 as of the 7th of May 2024. This is a 6.34% increase since the beginning of the trading day. The stock's lowest day price was 4.36. Sangoma Technologies has 46 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 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 12th of February 2023 and ending today, the 7th of May 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 33.33 M outstanding shares of which 6.72 K shares are at this time shorted by private and institutional investors with about 0.94 trading days to cover. More on Sangoma Technologies Corp
Moving together with Sangoma Stock
| 0.79 | GB | Global Blue Group | PairCorr |
| 0.71 | SQ | Block Inc Buyout Trend | PairCorr |
Moving against Sangoma Stock
| 0.78 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
| 0.74 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.73 | FIVN | Five9 Inc | PairCorr |
| 0.68 | EVCM | EverCommerce Financial Report 14th of May 2024 | PairCorr |
| 0.56 | CETXP | Cemtrex Pref | PairCorr |
| 0.55 | EVTC | Evertec | PairCorr |
| 0.54 | VRSN | VeriSign | PairCorr |
Sangoma Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sangoma Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sangoma Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Charles Salameh | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Sangoma Technologies report their recommendations after researching Sangoma Technologies' financial statements, talking to executives and customers, or listening in on Sangoma Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sangoma Technologies Corp. The Sangoma consensus assessment is calculated by taking the average forecast from all of the analysts covering Sangoma Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Sangoma Technologies' liquidity, profitability, solvency, and operating efficiency, Sangoma Technologies Corp may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Sangoma Technologies Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sangoma Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sangoma Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 748 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 138.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sangoma Technologies's market, we take the total number of its shares issued and multiply it by Sangoma Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sangoma Technologies Corp conducts business under Software sector and is part of Information Technology industry. The entity has 33.33 M outstanding shares of which 6.72 K shares are at this time shorted by private and institutional investors with about 0.94 trading days to cover.
Sangoma Technologies Corp currently holds about 12.7 M in cash with 26.49 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 AllocationSangoma Technologies Corp shows a total of 33.33 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Price Odds Analysis
In reference to a normal probability distribution, the odds of Sangoma Technologies jumping above the current price in 90 days from now is about 41.83%. The Sangoma Technologies Corp probability density function shows the probability of Sangoma Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Sangoma Technologies Corp has a beta of -1.5892. This usually implies as returns on its benchmark rise, returns on holding Sangoma Technologies Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sangoma Technologies is expected to outperform its benchmark. Additionally, sangoma Technologies Corp has an alpha of 0.8099, implying that it can generate a 0.81 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sangoma Technologies to move above the current price in 90 days from now is about 41.83 (This Sangoma Technologies Corp probability density function shows the probability of Sangoma Stock to fall within a particular range of prices over 90 days) .
Sangoma Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sangoma Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sangoma Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sangoma Technologies' value.| Instituion | Recorded On | Shares | |
| Legacy Advisors, Llc | 2024-03-31 | 10 K | |
| Ubs Group Ag | 2023-12-31 | 918 | |
| 1832 Asset Management L.p | 2023-12-31 | 160 | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 0.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 0.0 | |
| Penderfund Capital Management Ltd | 2023-12-31 | 3.3 M | |
| Alberta Investment Management Corp | 2023-12-31 | 936.4 K | |
| Ppm America, Inc. | 2023-12-31 | 688.5 K | |
| The Toronto-dominion Bank | 2023-12-31 | 550 K | |
| Td Waterhouse Canada Inc | 2023-12-31 | 334.1 K | |
| Claret Asset Management Corporation | 2024-03-31 | 175.8 K |
Sangoma Technologies Historical Income Statement
Sangoma Technologies Corp Income Statement is one of the three primary financial statements used for reporting Sangoma's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sangoma Technologies Corp revenue and expense. Sangoma Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 308.5 M, while EBIT is projected to decrease to roughly 56.8 K. View More FundamentalsSangoma Stock Against Markets
Picking the right benchmark for Sangoma Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sangoma Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sangoma Technologies is critical whether you are bullish or bearish towards Sangoma Technologies Corp at a given time. Please also check how Sangoma Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sangoma Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
| All Next | Launch Module |
Sangoma Technologies Corporate Management
Elected by the shareholders, the Sangoma Technologies' board of directors comprises two types of representatives: Sangoma Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sangoma. The board's role is to monitor Sangoma Technologies' management team and ensure that shareholders' interests are well served. Sangoma Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sangoma Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Moore | Exec Devel | Profile | |
| Jamie Minner | Chief Officer | Profile | |
| Samantha Reburn | General Secretary | Profile | |
| Nenad Corbic | Chief Officer | Profile | |
| Jeremy Wubs | Chief Officer | Profile | |
| PEng BASc | CEO Pres | Profile | |
| Lawrence Stock | Chief Officer | Profile |
How to buy Sangoma Stock?
Before investing in Sangoma Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sangoma Technologies. To buy Sangoma Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sangoma Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sangoma Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sangoma Technologies Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sangoma Technologies Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sangoma Technologies Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sangoma Stock please use our How to Invest in Sangoma Technologies guide.
Already Invested in Sangoma Technologies Corp?
The danger of trading Sangoma Technologies Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sangoma Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sangoma Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sangoma Technologies Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
Is Sangoma Technologies' industry 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 (0.91) | Revenue Per Share 6.586 | Quarterly Revenue Growth 0.004 | Return On Assets (0) | Return On Equity (0.11) |
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.