Route1 (CVE:ROI) Trading Down 25% – Should You Sell?

Route1 Inc. (CVE:ROI)’s share price was down 25% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 409,330 shares traded hands during mid-day trading, an increase of 928% from the average daily volume of 39,825 shares. The stock had previously closed at C$0.08.

Route1 Stock Down 13.3%

The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The firm has a market capitalization of C$2.76 million, a PE ratio of -3.50 and a beta of 1.43.

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.