Route1 (CVE:ROI) Trading 18.2% Higher – Should You Buy?

Route1 Inc. (CVE:ROIGet Free Report)’s share price rose 18.2% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 147,400 shares were traded during trading, an increase of 249% from the average daily volume of 42,187 shares. The stock had previously closed at C$0.06.

Route1 Trading Up 18.2 %

The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92. The stock has a market capitalization of C$2.76 million, a P/E ratio of -3.25 and a beta of -0.16. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

Route1 Company Profile

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Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

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