Acceleware (CVE:AXE) Trading 8.3% Higher – Time to Buy?

Acceleware Ltd. (CVE:AXE) traded up 8.3% on Monday . The stock traded as high as C$0.13 and last traded at C$0.13. 18,846 shares were traded during trading, a decline of 23% from the average session volume of 24,377 shares. The stock had previously closed at C$0.12.

Acceleware Trading Down 3.8 %

The firm has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.12. The firm has a market capitalization of C$14.81 million, a P/E ratio of -12.50 and a beta of 0.79. The company has a debt-to-equity ratio of 16.42, a current ratio of 0.19 and a quick ratio of 0.53.

Acceleware (CVE:AXE) last announced its quarterly earnings data on Friday, August 16th. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$2.01 million for the quarter.

Acceleware Company Profile

Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.