Enablence Technologies Inc. (CVE:ENA – Get Free Report)’s share price was up 7% during mid-day trading on Friday . The stock traded as high as C$6.74 and last traded at C$6.74. 1,268 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 11,345 shares. The stock had previously closed at C$6.30.
Enablence Technologies Trading Up 7.0%
The stock has a 50-day simple moving average of C$8.18 and a 200 day simple moving average of C$4.51. The stock has a market capitalization of C$142.01 million, a price-to-earnings ratio of -5.81 and a beta of 1.06.
About Enablence Technologies
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. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.
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