Enablence Technologies (CVE:ENA) Trading Down 0.5% – Time to Sell?

Shares of Enablence Technologies Inc. (CVE:ENAGet Free Report) dropped 0.5% during mid-day trading on Friday . The company traded as low as C$1.80 and last traded at C$1.90. Approximately 3,000 shares changed hands during trading, a decline of 31% from the average daily volume of 4,357 shares. The stock had previously closed at C$1.91.

Enablence Technologies Trading Down 0.5 %

The firm has a market capitalization of C$35.32 million, a PE ratio of -2.26 and a beta of 0.49. The business has a 50 day moving average price of C$1.72 and a 200-day moving average price of C$1.49.

About Enablence Technologies

(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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