Route1 (CVE:ROI) Shares Down 17.6% – Time to Sell?

Route1 Inc. (CVE:ROI)’s share price was down 17.6% during mid-day trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 241,217 shares traded hands during mid-day trading, an increase of 523% from the average daily volume of 38,746 shares. The stock had previously closed at C$0.09.

Route1 Stock Performance

The company has a current ratio of 0.31, a quick ratio of 0.44 and a debt-to-equity ratio of 8,864.92. The stock has a market capitalization of C$2.97 million, a PE ratio of -3.50 and a beta of -0.04. The firm’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

Route1 Company Profile

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.