Route1 (CVE:ROI) Trading Up 23.1% – What’s Next?

Route1 Inc. (CVE:ROI)’s share price was up 23.1% on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 221,000 shares were traded during trading, an increase of 523% from the average daily volume of 35,495 shares. The stock had previously closed at C$0.07.

Route1 Stock Up 23.1%

The company has a market capitalization of C$3.40 million, a price-to-earnings ratio of -8.00 and a beta of -0.04. The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. 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.

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.