YANGAROO (CVE:YOO) Reaches New 12-Month High – Should You Buy?

Shares of YANGAROO Inc. (CVE:YOO – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as C$0.11 and last traded at C$0.10, with a volume of 56,050 shares traded. The stock had previously closed at C$0.10.

YANGAROO Trading Up 5.3%

The company has a quick ratio of 0.47, a current ratio of 0.72 and a debt-to-equity ratio of 114.83. The business’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.05. The firm has a market capitalization of C$6.36 million, a price-to-earnings ratio of 3.33 and a beta of 2.03.

YANGAROO Company Profile

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YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

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