Spectrum Global Solutions, Inc. (OTCMKTS:SGSI – Get Free Report) shares dropped 17.6% during trading on Friday . The stock traded as low as $1.00 and last traded at $1.05. Approximately 4,335 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 510,860 shares. The stock had previously closed at $1.28.
Spectrum Global Solutions Stock Down 17.6%
The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 1.08. The company’s fifty day simple moving average is $0.04 and its 200 day simple moving average is $0.03.
About Spectrum Global Solutions
Spectrum Global Solutions Inc provides professional services and infrastructure solutions to the telecommunications and technology industry, utility entities, and enterprises sectors in the United State, Puerto Rico, and Canada. It offers Wi-Fi, Wi-Max, wide-area, fiber, distributed antenna system, small cell distributed, public safety, and enterprise networks for incumbent local exchange carriers, telecommunications original equipment manufacturers, cable broadband multiple system operators, tower and network aggregators, utility entities, government, and enterprise customers.
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