Acceleware (CVE:AXE) Reaches New 52-Week Low – Here’s What Happened

Acceleware Ltd. (CVE:AXEGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 95100 shares traded. The stock had previously closed at C$0.10.

Acceleware Trading Down 10.0 %

The stock has a market capitalization of C$11.84 million, a PE ratio of 6.70 and a beta of 0.79. The firm has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.11. The company has a quick ratio of 0.53, a current ratio of 0.18 and a debt-to-equity ratio of -39.87.

Acceleware Company Profile

(Get Free Report)

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.

Further Reading

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