Appulse (CVE:APL) Hits New 1-Year High – Still a Buy?

Appulse Co. (CVE:APL) hit a new 52-week high on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30, with a volume of 137500 shares. The stock had previously closed at C$0.30.

Appulse Stock Performance

The company has a market cap of C$4.43 million, a price-to-earnings ratio of 10.99 and a beta of -0.70. The business has a 50-day simple moving average of C$0.24 and a 200-day simple moving average of C$0.23.

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.