Route1 (CVE:ROI) Shares Up 16.7% – Here’s Why

Route1 Inc. (CVE:ROI)’s stock price was up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 121,000 shares were traded during mid-day trading, an increase of 152% from the average daily volume of 48,058 shares. The stock had previously closed at C$0.06.

Route1 Stock Performance

The firm’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.07. The stock has a market capitalization of C$2.97 million, a price-to-earnings ratio of -3.50 and a beta of 0.43. 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.

Route1 Company Profile

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. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.