Converge Information and Communications Technology Solutions, Inc. (CNVRG) Stock Price
₱16.62
-1.54%
(
$0.294
in US Dollar
)
Price Data
Open Price
₱16.62
High Price
₱16.82
Low Price
₱16.54
52-Week High
₱16.96
52-Week Low
₱7.73
Market Data
Trade Volume
₱54.84 Million
Market Cap
₱120.77 Billion
P/E Ratio
43.74
Earnings Per Share
₱0.380
Book Value
₱6.96
Company Profile
Converge Information and Communications Technology Solutions, Inc. (CNVRG) was registered with the Securities and Exchange Commission on October 17, 2007 primarily to construct, install, maintain and operate in the Philippine information and communications system. In 2008, the Company was granted a congressional franchise under Republic Act No. 9707 with a term of 25 years effective until August 2034. CNVRG commenced fixed broadband internet operations in June 2012.
CNVRG offers fixed broadband internet services to residential and enterprise customers. The fiber broadband plans are under the brands, "FiberX", "FiberXtreme", "flexiBiz", and "Air Internet". The Company also provides private data network solutions, cloud and colocation services and other connectivity solutions to enterprises of varying sizes, industries and types. In addition, the Company offers add-on products and services such as speed boosts and pay TV.
As of December 31, 2022, CNVRG's total fiber infrastructure reached 600,000 kilometers nationwide.
Source: SEC Form 17-A (2022)
Stock Information
Sector
Services
Subsector
Information Technology
Outstanding Shares
7,266,573,061
Share Type
Common
ISIN
PHY1757W1054
Board Lot
100