Shares of Acceleware Ltd. (CVE:AXE – Get Free Report) traded down 16.7% during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.08. 108,007 shares were traded during trading, an increase of 374% from the average session volume of 22,794 shares. The stock had previously closed at C$0.09.
Acceleware Stock Performance
The company’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The company has a quick ratio of 0.53, a current ratio of 0.18 and a debt-to-equity ratio of -39.87. The stock has a market capitalization of C$10.53 million, a price-to-earnings ratio of 5.95 and a beta of 0.79.
Acceleware Company Profile
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.
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