Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price dropped 8.3% during mid-day trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 10,050 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 5,525 shares. The stock had previously closed at C$0.12.
Acceleware Trading Down 8.3 %
The company has a quick ratio of 0.53, a current ratio of 0.19 and a debt-to-equity ratio of 16.42. The stock has a market capitalization of C$13.03 million, a PE ratio of -11.00 and a beta of 0.79. The business’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.12.
About Acceleware
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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