Acceleware Ltd. (CVE:AXE – Get Free Report) shares rose 18.8% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 122,359 shares were traded during trading, an increase of 290% from the average daily volume of 31,354 shares. The stock had previously closed at C$0.08.
Acceleware Stock Performance
The company has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09. The company has a quick ratio of 0.53, a current ratio of 0.18 and a debt-to-equity ratio of -39.87. The firm has a market cap of C$12.39 million, a PE ratio of 9.50 and a beta of -0.57.
About Acceleware
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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