Acceleware Ltd. (CVE:AXE – Get Free Report) dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 108,007 shares were traded during mid-day trading, an increase of 374% from the average daily volume of 22,794 shares. The stock had previously closed at C$0.09.
Acceleware Stock Down 11.1 %
The company has a debt-to-equity ratio of -39.87, a current ratio of 0.18 and a quick ratio of 0.53. The business’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.11. The firm has a market cap of C$10.53 million, a PE ratio of 5.95 and a beta of 0.79.
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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