Uniserve Communications (CVE:USS) Trading 14.3% Higher – Should You Buy?

Uniserve Communications Co. (CVE:USS)’s stock price shot up 14.3% during trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. 11,376 shares changed hands during trading, an increase of 55% from the average session volume of 7,348 shares. The stock had previously closed at C$0.21.

Uniserve Communications Trading Up 14.3 %

The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 81.21. The stock has a market capitalization of C$19.32 million, a P/E ratio of 2.00 and a beta of 2.14. The business’s fifty day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.08.

Insider Activity at Uniserve Communications

In other news, insider Michael Curt Scholz bought 1,726,000 shares of Uniserve Communications stock in a transaction that occurred on Wednesday, November 6th. The stock was purchased at an average cost of C$0.08 per share, with a total value of C$129,450.00. 62.04% of the stock is owned by corporate insiders.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.