Shares of EnWave Co. (CVE:ENW – Get Free Report) rose 3.6% during trading on Wednesday . The stock traded as high as C$0.31 and last traded at C$0.29. Approximately 19,500 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 50,367 shares. The stock had previously closed at C$0.28.
EnWave Price Performance
The company has a market capitalization of C$34.43 million, a price-to-earnings ratio of -29.00 and a beta of 0.86. The company has a fifty day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.36. The company has a debt-to-equity ratio of 46.59, a quick ratio of 1.63 and a current ratio of 3.48.
About EnWave
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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