E Automotive (TSE:EINC) Shares Down 9.4%

E Automotive Inc. (TSE:EINCGet Free Report) shares dropped 9.4% during mid-day trading on Monday . The company traded as low as C$3.08 and last traded at C$3.08. Approximately 20,711 shares traded hands during trading, an increase of 122% from the average daily volume of 9,344 shares. The stock had previously closed at C$3.40.

E Automotive Stock Performance

The stock has a market cap of C$163.15 million and a PE ratio of -2.37. The company has a current ratio of 1.13, a quick ratio of 1.20 and a debt-to-equity ratio of 13.56. The company has a 50 day simple moving average of C$3.08.

About E Automotive

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E Automotive Inc operates EDealer and EBlock digital auction and retailing platforms for automotive wholesale and retail customers in Canada and the United States. It also develops, markets, and distributes digital retailing software for the automotive industry. The company was formerly known as eSquared Holdings Inc and changed its name to E Automotive Inc in December 2019.

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