EnWave Co. (CVE:ENW – Get Free Report)’s stock price fell 2.3% during trading on Friday . The company traded as low as C$0.19 and last traded at C$0.22. 103,500 shares traded hands during mid-day trading, an increase of 151% from the average session volume of 41,242 shares. The stock had previously closed at C$0.22.
EnWave Stock Performance
The company has a market capitalization of C$23.83 million, a price-to-earnings ratio of -10.75 and a beta of 1.31. The company has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.23. The company has a debt-to-equity ratio of 19.23, a quick ratio of 1.63 and a current ratio of 2.84.
EnWave Company Profile
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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