Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price fell 8.7% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. 9,000 shares traded hands during trading, a decline of 78% from the average session volume of 41,344 shares. The stock had previously closed at C$0.12.
Acceleware Trading Down 8.7 %
The firm has a market capitalization of C$12.42 million, a price-to-earnings ratio of -3.50 and a beta of 0.92. The company has a current ratio of 0.30, a quick ratio of 0.53 and a debt-to-equity ratio of 16.42. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.16.
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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