Acceleware (CVE:AXE) Stock Price Up 14.3%

Acceleware Ltd. (CVE:AXE)’s stock price shot up 14.3% during trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. 8,000 shares changed hands during trading, a decline of 68% from the average session volume of 24,816 shares. The stock had previously closed at C$0.11.

Acceleware Trading Up 14.3 %

The company has a market cap of C$14.21 million, a P/E ratio of -12.00 and a beta of 0.78. The firm’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.12. The company has a quick ratio of 0.53, a current ratio of 0.19 and a debt-to-equity ratio of 16.42.

Acceleware (CVE:AXE) last released its quarterly earnings results on Friday, August 16th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$2.01 million during the quarter.

Acceleware Company Profile

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.