Shares of EnWave Co. (CVE:ENW – Get Free Report) traded down 4.5% during mid-day trading on Monday. The stock traded as low as C$0.20 and last traded at C$0.21. 40,910 shares were traded during mid-day trading, a decline of 16% from the average session volume of 48,643 shares. The stock had previously closed at C$0.22.
EnWave Stock Performance
The stock has a market capitalization of C$24.93 million, a P/E ratio of -21.00 and a beta of 2.02. The company has a current ratio of 2.51, a quick ratio of 1.63 and a debt-to-equity ratio of 47.17. The company has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.25.
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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