Route1 (CVE:ROI) Sets New 1-Year High – Time to Buy?

Route1 Inc. (CVE:ROI) shares hit a new 52-week high on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 2785 shares trading hands. The stock had previously closed at C$0.09.

Route1 Price Performance

The company has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05. 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 capitalization of C$3.83 million, a price-to-earnings ratio of -4.50 and a beta of -0.16.

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.