Route1 (CVE:ROI) Shares Cross Below 200 Day Moving Average – Time to Sell?

Route1 Inc. (CVE:ROI)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$0.11 and traded as low as C$0.10. Route1 shares last traded at C$0.10, with a volume of 20,000 shares trading hands.

Route1 Stock Performance

The company has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.11. The stock has a market capitalization of C$4.92 million, a P/E ratio of -15.00 and a beta of 2.07. The company has a debt-to-equity ratio of 8,864.92, a current ratio of 0.31 and a quick ratio of 0.44.

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.