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

Acceleware Ltd. (CVE:AXEGet Free Report) 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:AXEGet Free Report) 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

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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.

Further Reading

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