EnWave (CVE:ENW) Trading Down 1.8%

EnWave Co. (CVE:ENW)’s stock price fell 1.8% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27. 17,000 shares were traded during mid-day trading, a decline of 58% from the average session volume of 40,004 shares. The stock had previously closed at C$0.28.

EnWave Trading Down 1.8 %

The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.63 and a current ratio of 3.88. The stock has a market cap of C$29.91 million, a P/E ratio of -27.00 and a beta of 1.29. The stock has a 50-day moving average price of C$0.28 and a 200-day moving average price of C$0.30.

EnWave (CVE:ENW) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C($0.01) earnings per share for the quarter. EnWave had a negative net margin of 58.72% and a negative return on equity of 15.18%. The company had revenue of C$1.26 million for the quarter. On average, equities research analysts expect that EnWave Co. will post 0.001708 EPS for the current year.

EnWave Company Profile

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.