Telit Communications (LON:TCM)‘s stock had its “corporate” rating restated by analysts at FinnCap in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Shares of LON:TCM traded down GBX 1 ($0.01) during midday trading on Tuesday, reaching GBX 80 ($1.05). 1,366,525 shares of the company were exchanged, compared to its average volume of 443,879. The company has a current ratio of 1.46, a quick ratio of 1.22 and a debt-to-equity ratio of 32.60. The business’s fifty day moving average is GBX 135.77 and its two-hundred day moving average is GBX 155.58. Telit Communications has a one year low of GBX 111.20 ($1.46) and a one year high of GBX 192 ($2.53). The stock has a market cap of $106.82 million and a PE ratio of 4.97.

Telit Communications Company Profile

Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products and services to support and enable Internet of Things (IoT) deployments in the EMEA, the APAC, and the Americas. It operates in two segments, IoT Services and IoT Products. The company develops, markets, and sells cellular, global navigation satellite systems, short range wireless modules, mobile connectivity services, and application enablement platforms to onboard edge devices to the IoT.

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