Sangoma Technologies Corporation Price & Performance (SANG)

Sangoma Technologies insiders recently acquired 9,029 shares at C$6.24 each, reflecting a vote of confidence amid ongoing volatility. The stock climbed 0.6% to C$6.52, with low trading volume. The company maintains a market cap of C$156.44 million, a negative P/E ratio, and a debt-to-equity ratio of 27.33.1

Sangoma Technologies has initiated a share buyback plan after surpassing its FY25 debt reduction target, bringing total debt down to $53 million. The company aims to repurchase up to 5% of its outstanding shares, signaling management’s optimism and ensuring capital flexibility for future acquisitions and growth initiatives.23

Sangoma Technologies’ stock has shown signs of stabilization, hovering at $4.57 with support at $4.54. While short-term indicators offer a buy signal, the longer-term trend remains negative. Analysts see controlled volatility but recommend caution, citing the potential for further declines until a new bottom is established.4