Route1 (CVE:ROI) Shares Down 14.3% – Time to Sell?

Route1 Inc. (CVE:ROI)’s stock price was down 14.3% during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 110,000 shares were traded during trading, an increase of 17% from the average session volume of 94,417 shares. The stock had previously closed at C$0.14.

Route1 Stock Performance

The firm has a market cap of C$6.33 million, a P/E ratio of -13.50 and a beta of 2.42. The company has a debt-to-equity ratio of 8,864.92, a current ratio of 0.31 and a quick ratio of 0.44. The stock’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.11.

Route1 Company Profile

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.