Enablence Technologies (CVE:ENA) Trading Up 11.6% – Time to Buy?

Enablence Technologies Inc. (CVE:ENAGet Free Report) shares were up 11.6% during mid-day trading on Friday . The stock traded as high as C$1.25 and last traded at C$1.25. Approximately 110 shares changed hands during trading, a decline of 94% from the average daily volume of 1,823 shares. The stock had previously closed at C$1.12.

Enablence Technologies Stock Performance

The company has a market cap of C$23.97 million, a P/E ratio of -1.40 and a beta of 1.59. The firm has a 50 day moving average price of C$1.14 and a 200-day moving average price of C$1.20.

Enablence Technologies Company Profile

(Get Free Report)

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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