Route1 (CVE:ROI) Trading Down 33.3%

Route1 Inc. (CVE:ROI) shares dropped 33.3% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 463,300 shares were traded during trading, an increase of 447% from the average daily volume of 84,644 shares. The stock had previously closed at C$0.03.

Route1 Stock Down 20.0 %

The company has a debt-to-equity ratio of 790.70, a current ratio of 0.38 and a quick ratio of 0.44. The company has a market capitalization of C$850,000.00, a P/E ratio of -0.83 and a beta of -0.15. The stock has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.04.

Route1 (CVE:ROI) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C($0.01) earnings per share (EPS) for the quarter. Route1 had a negative return on equity of 109.19% and a negative net margin of 7.30%. The company had revenue of C$4.30 million for the quarter. On average, research analysts predict that Route1 Inc. will post 0.01 EPS for the current fiscal year.

Route1 Company Profile

Route1 Inc provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. 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.