Enablence Technologies (CVE:ENA) Stock Price Down 9% – Time to Sell?

Shares of Enablence Technologies Inc. (CVE:ENAGet Free Report) traded down 9% during trading on Tuesday . The company traded as low as C$0.91 and last traded at C$0.91. 1,167 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 4,766 shares. The stock had previously closed at C$1.00.

Enablence Technologies Stock Down 9.0 %

The firm’s fifty day moving average is C$1.41 and its two-hundred day moving average is C$1.36. The firm has a market cap of C$16.92 million, a P/E ratio of -1.08 and a beta of 0.49.

Enablence Technologies Company Profile

(Get Free Report)

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.

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