Shares of EnWave Co. (CVE:ENW – Get Free Report) shot up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 125,660 shares were traded during trading, an increase of 152% from the average daily volume of 49,886 shares. The stock had previously closed at C$0.28.
EnWave Price Performance
The stock has a market capitalization of C$35.62 million, a P/E ratio of -15.00 and a beta of 1.74. The business has a fifty day simple moving average of C$0.25 and a 200 day simple moving average of C$0.30. The company has a current ratio of 3.02, a quick ratio of 1.63 and a debt-to-equity ratio of 39.43.
EnWave Company Profile
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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