Mitel Networks (TSE:MNW) Trading Down 0.2% – What’s Next?

Mitel Networks Co. (TSE:MNW) (NASDAQ:MITL)’s stock price traded down 0.2% during trading on Tuesday . The company traded as low as C$14.78 and last traded at C$14.78. 408,390 shares changed hands during trading, an increase of 159% from the average session volume of 157,726 shares. The stock had previously closed at C$14.81.

Mitel Networks Stock Down 0.2 %

The company has a current ratio of 0.94, a quick ratio of 0.69 and a debt-to-equity ratio of 121.14. The company has a market capitalization of C$1.82 billion and a PE ratio of -128.52. The firm’s 50 day moving average is C$14.78.

Mitel Networks Company Profile

Mitel Networks Corporation provides cloud and on-site business communications and collaboration software, services, and solutions. It operates in two segments, Enterprise and Cloud. The Enterprise segment sells and supports products and services for premise-based customers, including its premise-based IP and TDM telephony platforms; desktop devices, and unified communications and collaborations (UCC); and contact center applications that are deployed on the customer's premise under the MiVoice brand.