Enablence Technologies (CVE:ENA) Hits New 1-Year High – What’s Next?

Enablence Technologies Inc. (CVE:ENA) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$2.70 and last traded at C$2.70, with a volume of 2014 shares traded. The stock had previously closed at C$1.85.

Enablence Technologies Stock Performance

The business has a 50 day moving average of C$1.44 and a two-hundred day moving average of C$1.43. The stock has a market capitalization of C$50.19 million, a PE ratio of -3.21 and a beta of 0.49.

Enablence Technologies (CVE:ENA) last released its quarterly earnings results on Monday, October 28th. The company reported C($0.35) EPS for the quarter. The business had revenue of C$0.85 million for the quarter.

About Enablence Technologies

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.