YANGAROO (CVE:YOO) Reaches New 52-Week High – Time to Buy?

YANGAROO Inc. (CVE:YOO – Get Free Report) hit a new 52-week high during trading on Tuesday. The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 46500 shares changing hands. The stock had previously closed at C$0.10.

YANGAROO Trading Down 15.0%

The company has a debt-to-equity ratio of 114.83, a current ratio of 0.72 and a quick ratio of 0.47. The firm has a market capitalization of C$5.40 million, a price-to-earnings ratio of 2.83 and a beta of 2.61. The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.05.

YANGAROO Company Profile

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YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

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