Route1 (CVE:ROI) Stock Price Down 33.3%

Route1 Inc. (CVE:ROI)’s share price fell 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 463,300 shares changed hands during trading, an increase of 447% from the average session volume of 84,644 shares. The stock had previously closed at C$0.03.

Route1 Stock Performance

The company has a current ratio of 0.38, a quick ratio of 0.44 and a debt-to-equity ratio of 790.70. The firm has a market capitalization of C$850,000.00, a price-to-earnings ratio of -0.67 and a beta of -0.15. The stock’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.04.

Route1 (CVE:ROI) last issued its earnings results on Wednesday, April 24th. The company reported C($0.01) earnings per share (EPS) for the quarter. Route1 had a negative return on equity of 109.19% and a negative net margin of 7.30%. The firm had revenue of C$4.30 million during the quarter. On average, analysts predict that Route1 Inc. will post 0.01 EPS for the current fiscal year.

Route1 Company Profile

Route1 Inc provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. 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.