EnWave Co. (CVE:ENW – Get Free Report) shot up 6.3% during trading on Tuesday . The stock traded as high as C$0.26 and last traded at C$0.26. 2,501 shares were traded during trading, a decline of 95% from the average daily volume of 49,914 shares. The stock had previously closed at C$0.24.
EnWave Stock Performance
The firm has a market capitalization of C$30.27 million, a P/E ratio of -12.75 and a beta of 1.77. The stock has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.28. The company has a debt-to-equity ratio of 39.43, a current ratio of 3.02 and a quick ratio of 1.63.
EnWave Company Profile
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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