Appulse (CVE:APL) Stock Price Down 4.3% – Should You Sell?

Appulse Co. (CVE:APL)’s stock price was down 4.3% during mid-day trading on Wednesday . The company traded as low as C$0.22 and last traded at C$0.22. Approximately 20,000 shares traded hands during mid-day trading, an increase of 90% from the average daily volume of 10,500 shares. The stock had previously closed at C$0.23.

Appulse Stock Performance

The firm has a fifty day simple moving average of C$0.22 and a 200 day simple moving average of C$0.23. The company has a market cap of C$3.25 million, a PE ratio of 10.99 and a beta of -0.82.

Appulse Company Profile

Appulse Corporation, through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally. The company is also involved in the rental of centrifuge equipment; and provision of maintenance services, consulting, and design advisory services to industries, as well as machining services for equipment repairs. In addition, it offers value-added services; and manufactures parts using machining and milling equipment. The company provides its products and services for food and beverage processing, and environmental applications, as well as serves the oil and gas, refinery, marine processing, and pharmaceutical industries.