<div id="readability-page-1"><p>Shares of Sangoma Technologies Corporation (NASDAQ:SANG - Get Free Report) shot up 1.2% during trading on Thursday . The company traded as high as $5.28 and last traded at $5.13. 3,127 shares were traded  during mid-day trading, a decline of 26% from the average session volume of 4,233 shares. The stock had previously closed at $5.07.</p><div><p><span></span><span>Get <strong>Sangoma Technologies</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>Separately, Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Sangoma Technologies in a report on Wednesday, October 8th. One investment analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating and one  has assigned  a Sell rating to the stock. According to MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and an average price target of $11.00.</p><p><b>View Our Latest Stock Report on Sangoma Technologies</b></p><h2>Sangoma Technologies Price Performance</h2><p>The business has a 50-day simple moving average of $5.09 and a two-hundred day simple moving average of $5.53. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $170.01 million, a price-to-earnings ratio of -32.06 and a beta of 1.33. </p><p>Sangoma Technologies (NASDAQ:SANG - Get Free Report) last posted its quarterly earnings data on Wednesday, September 17th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The company had revenue of $59.36 million during the quarter, compared to analyst estimates of $58.58 million. Sangoma Technologies had a negative net margin of 2.39% and a negative return on equity of 1.74%.  As a group, research analysts predict that  Sangoma Technologies Corporation will post -0.18 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On Sangoma Technologies</h2><p>A number of institutional investors have recently bought and sold shares of SANG. Susquehanna International Group LLP raised its holdings in  Sangoma Technologies by 109.0% during the 3rd quarter. Susquehanna International Group LLP now owns 23,689 shares of the company's stock worth $117,000 after buying an additional 12,352 shares during the period.  National Bank of Canada FI raised its holdings in shares of  Sangoma Technologies by 4.7% during the third quarter. National Bank of Canada FI now owns 100,687 shares of the company's stock valued at $493,000 after acquiring an additional 4,499 shares during the period.  Scotia Capital Inc. acquired a new stake in shares of  Sangoma Technologies during the third quarter valued at approximately $90,000.  Legacy Advisors LLC purchased a new stake in shares of  Sangoma Technologies in the 3rd quarter valued at approximately $50,000.  Finally, Claret Asset Management Corp boosted its stake in  Sangoma Technologies by 8.5% in the 3rd quarter. Claret Asset Management Corp now owns 166,975 shares of the company's stock worth $829,000 after purchasing an additional 13,040 shares during the period. Hedge funds and other institutional investors own  39.65% of the company's stock. </p><h2>Sangoma Technologies Company Profile</h2> (Get Free Report)<p>Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Sangoma Technologies</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Strong Quarter, Weak Reaction: Why GitLab Shares Dropped</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sangoma Technologies Right Now?</h2><p>Before you consider Sangoma Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sangoma Technologies wasn't on the list.</p><p>While Sangoma Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SANG

<p>Sangoma Technologies (NASDAQ:SANG) shares rose 1.2% to $5.13, with trading volume down 26% from average. Analysts have mixed ratings, with a Moderate Buy consensus and a $11.00 price target. The company reported better-than-expected earnings, with $0.02 EPS and $59.36 million revenue. Institutional investors have been adjusting their holdings, with notable increases from Susquehanna International Group and National Bank of Canada FI. Despite the Moderate Buy rating, some analysts suggest better investment options.</p>

Sangoma Technologies (NASDAQ:SANG) Trading 1.2% Higher - What's Next?