Uniserve Communications (CVE:USS) Stock Price Up 14.3% – Should You Buy?

Uniserve Communications Co. (CVE:USS) traded up 14.3% on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. 11,376 shares were traded during trading, an increase of 55% from the average session volume of 7,348 shares. The stock had previously closed at C$0.21.

Uniserve Communications Stock Up 14.3 %

The company has a market cap of C$19.32 million, a P/E ratio of 2.00 and a beta of 2.14. The stock has a 50-day moving average of C$0.16 and a two-hundred day moving average of C$0.08. The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13.

Insiders Place Their Bets

In related news, insider Michael Curt Scholz purchased 1,726,000 shares of Uniserve Communications stock in a transaction that occurred on Wednesday, November 6th. The shares were acquired at an average cost of C$0.08 per share, for a total transaction of C$129,450.00. Insiders own 62.04% of the company’s stock.

Uniserve Communications Company Profile

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.