Lite Access Technologies (LTE) Sets New 1-Year Low at $0.40
Lite Access Technologies Inc (CVE:LTE)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.40 and last traded at C$0.40, with a volume of 84300 shares trading hands. The stock had previously closed at C$0.44.
The company has a current ratio of 5.03, a quick ratio of 4.61 and a debt-to-equity ratio of 6.32.
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Lite Access Technologies Inc manufactures, distributes, sells, and installs fibre optic technology specializing in microducts and air-blown fibre in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fibre, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities.
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