Route1 (CVE:ROI) Stock Price Down 7.4% – What’s Next?

Route1 Inc. (CVE:ROI) traded down 7.4% during mid-day trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. 236,500 shares traded hands during trading, an increase of 116% from the average session volume of 109,493 shares. The stock had previously closed at C$0.14.

Route1 Trading Down 7.4%

The company has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.09. The firm has a market capitalization of C$5.31 million, a price-to-earnings ratio of -12.50 and a beta of 2.39. 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.

About Route1

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.