Enablence Technologies (CVE:ENA) Shares Up 44.1%

Enablence Technologies Inc. (CVE:ENA)’s stock price was up 44.1% during mid-day trading on Wednesday . The stock traded as high as C$0.85 and last traded at C$0.85. Approximately 7,295 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 4,040 shares. The stock had previously closed at C$0.59.

Enablence Technologies Stock Up 44.1 %

The stock has a market cap of C$15.80 million, a price-to-earnings ratio of -1.31 and a beta of 0.14. The company’s 50-day moving average is C$0.76 and its 200-day moving average is C$0.99.

Enablence Technologies (CVE:ENA) last posted its quarterly earnings data on Thursday, February 29th. The company reported C($0.27) earnings per share for the quarter. The firm had revenue of C$0.46 million for the quarter.

Enablence Technologies Company Profile

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.