Route1 (CVE:ROI) Trading 16.7% Higher – Here’s Why

Shares of Route1 Inc. (CVE:ROI) shot up 16.7% during trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. 632,250 shares were traded during trading, an increase of 395% from the average session volume of 127,742 shares. The stock had previously closed at C$0.12.

Route1 Stock Performance

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. The firm has a market capitalization of C$6.56 million, a PE ratio of -14.00 and a beta of 2.32. The firm’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.08.

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.