Acasta Enterprises (TSE:AEF) Share Price Crosses Above 50 Day Moving Average of $2.19

Acasta Enterprises Inc (TSE:AEFGet Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.19 and traded as high as C$2.24. Acasta Enterprises shares last traded at C$2.19, with a volume of 50,700 shares changing hands.

Acasta Enterprises Price Performance

The stock has a market cap of C$161.68 million and a price-to-earnings ratio of -73.00. The company has a debt-to-equity ratio of 342.46, a current ratio of 0.83 and a quick ratio of 0.41. The business’s 50-day moving average is C$2.19.

About Acasta Enterprises

(Get Free Report)

Acasta Enterprises Inc is a private equity firm specializing in buyouts. It prefer to invest in founder-led businesses, carve-outs of non-core assets, industry consolidation, and growth-oriented businesses. The firm prefers to invest in private label consumer staples and aviation finance and asset management companies.

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