EnWave Co. (CVE:ENW – Get Free Report)’s share price dropped 4.3% on Monday . The stock traded as low as C$0.21 and last traded at C$0.22. Approximately 272,446 shares were traded during mid-day trading, an increase of 533% from the average daily volume of 43,052 shares. The stock had previously closed at C$0.23.
EnWave Stock Performance
The business has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.23. The company has a debt-to-equity ratio of 19.23, a quick ratio of 1.63 and a current ratio of 2.84. The company has a market cap of C$24.38 million, a P/E ratio of -11.00 and a beta of 1.31.
About EnWave
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.
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