Enablence Technologies Inc. (CVE:ENA – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$7.41 and last traded at C$5.20, with a volume of 14745 shares. The stock had previously closed at C$6.01.
Enablence Technologies Stock Down 21.8%
The company has a market capitalization of C$98.51 million, a price-to-earnings ratio of -3.95 and a beta of 1.01. The business has a fifty day simple moving average of C$3.21 and a two-hundred day simple moving average of C$2.34.
Enablence Technologies Company Profile
Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.
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