Shares of Enablence Technologies Inc. (CVE:ENA – Get Free Report) shot up 8.7% during mid-day trading on Friday . The stock traded as high as C$1.25 and last traded at C$1.25. 500 shares traded hands during trading, a decline of 79% from the average session volume of 2,326 shares. The stock had previously closed at C$1.15.
Enablence Technologies Stock Up 8.7%
The company’s 50 day moving average price is C$1.02 and its 200-day moving average price is C$1.36. The stock has a market cap of C$23.24 million, a P/E ratio of -1.49 and a beta of 0.49.
Enablence Technologies Company Profile
Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.
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