Avcorp Industries (TSE:AVP) Trading Down 14.3%

Avcorp Industries, Inc. (TSE:AVP)’s share price was down 14.3% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, approximately 360,000 shares were traded during mid-day trading. An increase of 391% from the average daily volume of 73,308 shares. The stock had previously closed at C$0.07.

The firm has a market cap of $29.45 million and a price-to-earnings ratio of 0.63. The business’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.06.

Avcorp Industries (TSE:AVP) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$46.80 million for the quarter.

About Avcorp Industries (TSE:AVP)

Avcorp Industries Inc designs and builds airframe structures for aircraft companies in the civil and defense markets in the United States, Canada, Asia, Europe, Australia, and internationally. It provides metallic and composite aero structures assembly and integration services; and aircraft structural component repair services, as well as designs and manufactures composite aero structures.

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