Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price rose 9.1% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 19,550 shares changed hands during trading, a decline of 21% from the average daily volume of 24,805 shares. The stock had previously closed at C$0.11.
Acceleware Stock Up 9.1 %
The stock’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.12. The company has a current ratio of 0.19, a quick ratio of 0.53 and a debt-to-equity ratio of 16.42. The stock has a market cap of C$14.21 million, a price-to-earnings ratio of -12.00 and a beta of 0.78.
Acceleware (CVE:AXE – Get Free Report) last issued its quarterly earnings results on Friday, August 16th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$2.01 million for the quarter.
Acceleware Company Profile
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.
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