RediShred Capital (CVE:KUT) Trading Up 0.2% – Here’s What Happened

RediShred Capital Corp. (CVE:KUT)’s stock price shot up 0.2% during mid-day trading on Friday . The stock traded as high as C$4.96 and last traded at C$4.96. 990 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 40,833 shares. The stock had previously closed at C$4.95.

RediShred Capital Trading Up 0.2%

The stock has a 50-day moving average of C$4.96 and a 200 day moving average of C$4.96. The stock has a market cap of C$91.31 million, a PE ratio of 129.73 and a beta of 1.34. The company has a quick ratio of 1.33, a current ratio of 0.42 and a debt-to-equity ratio of 77.90.

About RediShred Capital

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations. The company also provides shredding and destruction services; offers electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resells electronics.