Route1 (CVE:ROI) Trading 15.4% Higher – Still a Buy?

Route1 Inc. (CVE:ROIGet Free Report)’s stock price rose 15.4% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 137,000 shares were traded during trading, an increase of 270% from the average daily volume of 36,997 shares. The stock had previously closed at C$0.07.

Route1 Price Performance

The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31. The company has a market cap of C$3.19 million, a price-to-earnings ratio of -3.75 and a beta of -0.16. The business has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.

About Route1

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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.

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