Acceleware Ltd. (CVE:AXE – Get Free Report) shot up 18.8% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 122,359 shares were traded during trading, an increase of 290% from the average session volume of 31,354 shares. The stock had previously closed at C$0.08.
Acceleware Trading Up 18.8%
The stock has a market cap of C$12.39 million, a P/E ratio of 9.50 and a beta of -0.57. The company has a debt-to-equity ratio of -39.87, a quick ratio of 0.53 and a current ratio of 0.18. The stock’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.09.
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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