Shares of Acceleware Ltd. (CVE:AXE – Get Free Report) shot up 8.3% on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 18,846 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 24,377 shares. The stock had previously closed at C$0.12.
Acceleware Stock Performance
The company has a debt-to-equity ratio of 16.42, a quick ratio of 0.53 and a current ratio of 0.19. The stock has a market cap of C$15.40 million, a price-to-earnings ratio of -13.00 and a beta of 0.79. The stock has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.12.
Acceleware (CVE:AXE – Get Free Report) last issued its quarterly earnings data on Friday, August 16th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$2.01 million during the quarter.
About Acceleware
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.
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