Acceleware (CVE:AXE) Trading Up 18.8% – Should You Buy?

Acceleware Ltd. (CVE:AXEGet 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

(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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