Enablence Technologies Inc. (CVE:ENA – Get Free Report) dropped 0.7% during mid-day trading on Friday . The stock traded as low as C$6.95 and last traded at C$6.95. Approximately 1,733 shares traded hands during trading, a decline of 83% from the average session volume of 10,003 shares. The stock had previously closed at C$7.00.
Enablence Technologies Stock Performance
The stock has a market cap of C$146.44 million, a P/E ratio of -5.99 and a beta of 1.04. The stock’s fifty day moving average is C$7.35 and its 200 day moving average is C$5.38.
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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