Route1 (CVE:ROI) Trading Up 15.8% – Here’s What Happened

Route1 Inc. (CVE:ROI) shares were up 15.8% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 501,000 shares changed hands during trading, an increase of 228% from the average daily volume of 152,955 shares. The stock had previously closed at C$0.10.

Route1 Price Performance

The company’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.07. The firm has a market capitalization of C$4.25 million, a price-to-earnings ratio of -3.50 and a beta of 1.71. The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92.

About Route1

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. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.