Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 108,007 shares changed hands during mid-day trading, an increase of 420% from the average daily volume of 20,770 shares. The stock had previously closed at C$0.09.
Acceleware Trading Down 11.1 %
The business’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.11. The company has a market cap of C$10.53 million, a price-to-earnings ratio of 5.95 and a beta of 0.79. The company has a debt-to-equity ratio of -39.87, a quick ratio of 0.53 and a current ratio of 0.18.
Acceleware Company Profile
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.
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