AirIQ (CVE:IQ) Trading Down 8.9%

AirIQ Inc. (CVE:IQGet Free Report) shares dropped 8.9% during trading on Friday . The company traded as low as C$0.38 and last traded at C$0.41. Approximately 124,614 shares traded hands during mid-day trading, an increase of 483% from the average daily volume of 21,369 shares. The stock had previously closed at C$0.45.

AirIQ Stock Performance

The firm’s 50 day moving average is C$0.46 and its 200-day moving average is C$0.37. The stock has a market capitalization of C$11.31 million, a price-to-earnings ratio of 3.21 and a beta of 0.49. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.14 and a current ratio of 2.56.

AirIQ (CVE:IQGet Free Report) last posted its earnings results on Thursday, November 16th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$1.35 million for the quarter. AirIQ had a return on equity of 70.53% and a net margin of 67.87%.

AirIQ Company Profile

(Get Free Report)

AirIQ Inc provides wireless asset management and location services in Canada. The company also develops and operates telematics asset management system by digitized mapping, wireless communications, internet, and the global positioning system. Its web-based platform provides fleet operators and vehicle owners with a suite of asset management solutions to monitor, manage, and protect their assets.

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