Enablence Technologies (CVE:ENA) Shares Up 1.5% – Still a Buy?

Enablence Technologies Inc. (CVE:ENAGet Free Report) traded up 1.5% on Tuesday . The company traded as high as C$1.50 and last traded at C$1.32. 2,257 shares were traded during trading, a decline of 41% from the average session volume of 3,855 shares. The stock had previously closed at C$1.30.

Enablence Technologies Price Performance

The stock has a 50 day simple moving average of C$1.26 and a two-hundred day simple moving average of C$1.46. The company has a market cap of C$24.54 million, a price-to-earnings ratio of -1.57 and a beta of 0.49.

Enablence Technologies (CVE:ENAGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The company reported C($0.35) earnings per share for the quarter. The firm had revenue of C$0.85 million for the quarter.

Enablence Technologies Company Profile

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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