Shares of EnWave Co. (CVE:ENW – Get Free Report) were down 2.3% during mid-day trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 31,800 shares changed hands during trading, a decline of 31% from the average daily volume of 45,929 shares. The stock had previously closed at C$0.22.
EnWave Price Performance
The company has a current ratio of 2.84, a quick ratio of 1.63 and a debt-to-equity ratio of 19.23. The stock has a 50-day moving average price of C$0.22 and a 200 day moving average price of C$0.23. The stock has a market capitalization of C$23.83 million, a price-to-earnings ratio of -10.75 and a beta of 1.31.
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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