ENTREC Corp (TSE:ENT) shares fell 20% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, 142,350 shares were traded during trading. An increase of 380% from the average session volume of 29,675 shares. The stock had previously closed at C$0.10.
Separately, Canaccord Genuity lowered their target price on shares of ENTREC from C$0.15 to C$0.10 in a report on Friday, August 16th.
The company’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.13. The company has a market capitalization of $9.89 million and a P/E ratio of -0.83. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 904.06.
ENTREC Corporation, together with its subsidiaries, provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining, and power generation industries in Canada and the United States. The company operates from 13 locations throughout western Canada, North Dakota, Colorado, and Texas with a fleet of 200 cranes, 750 multi-wheeled trailers, and 190 tractors, as well as approximately 375 lines of specialized platform trailers.
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