Enablence Technologies (CVE:ENA) Trading 36.4% Higher – Here’s What Happened

Enablence Technologies Inc. (CVE:ENAGet Free Report) rose 36.4% on Friday . The company traded as high as C$1.20 and last traded at C$1.20. Approximately 250 shares changed hands during trading, a decline of 90% from the average daily volume of 2,566 shares. The stock had previously closed at C$0.88.

Enablence Technologies Stock Up 36.4%

The business’s 50 day moving average is C$1.03 and its two-hundred day moving average is C$1.39. The firm has a market capitalization of C$22.31 million, a P/E ratio of -1.43 and a beta of 0.49.

About Enablence Technologies

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Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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