OneSoft Solutions (CVE:OSS) Trading Down 1.1% – Here’s Why

OneSoft Solutions Inc. (CVE:OSSGet Free Report)’s share price was down 1.1% during mid-day trading on Tuesday . The stock traded as low as C$0.87 and last traded at C$0.87. 20,071 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 143,659 shares. The stock had previously closed at C$0.88.

OneSoft Solutions Price Performance

The firm’s 50 day simple moving average is C$0.87 and its 200-day simple moving average is C$0.87. The company has a market cap of C$106.40 million, a price-to-earnings ratio of -70.90 and a beta of 1.22.

About OneSoft Solutions

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OneSoft Solutions Inc provides software solutions to the oil and gas pipeline industry in Canada, Australia, and the United States. It also offers Cognitive Integrity Management, a software-as-a-service solution for use in the business process flow of oil and gas pipeline integrity processes, including assessment planning, integrity compliance, dig management, threat monitoring, data management, and dataset analysis. The company's ILI Management software module automatically normalizes, ingests, aligns, and analyzes pipeline in-line inspection (ILI) data files using data science and proprietary machine learning algorithms.

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