Circa Enterprises (CVE:CTO) Shares Pass Above Fifty Day Moving Average – Here’s Why

Circa Enterprises Inc. (CVE:CTOGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.08 and traded as high as C$2.08. Circa Enterprises shares last traded at C$2.08, with a volume of 3,800 shares trading hands.

Circa Enterprises Price Performance

The company has a debt-to-equity ratio of 46.72, a current ratio of 2.10 and a quick ratio of 0.77. The business’s 50 day moving average price is C$2.08 and its 200 day moving average price is C$2.08. The stock has a market capitalization of C$21.30 million, a P/E ratio of 23.11 and a beta of 1.36.

Circa Enterprises Company Profile

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Circa Enterprises Inc manufactures and supplies telecommunications and electrical products in the United States, Canada, and internationally. It operates in two segments, Telecommunications (Telecom) and Metal Fabrication (Metals). The Telecom segment offers surge protection products, ruggedized high-performance telecommunications equipment, and cables and connectivity products under the CircaMax brand; and designs, manufactures, supplies, and sells intelligent device monitoring and alarm management solutions.

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