Route1 (CVE:ROI) Shares Down 25% – Time to Sell?

Route1 Inc. (CVE:ROIGet Free Report) shares were down 25% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.05. Approximately 373,400 shares traded hands during trading, an increase of 1,105% from the average daily volume of 30,988 shares. The stock had previously closed at C$0.06.

Route1 Price Performance

The business has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.03. The firm has a market cap of C$1.91 million, a P/E ratio of -2.25 and a beta of -0.16. The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31.

About Route1

(Get Free Report)

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

Further Reading

Receive News & Ratings for Route1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Route1 and related companies with MarketBeat.com's FREE daily email newsletter.