Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price fell 8.3% on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 10,050 shares traded hands during trading, an increase of 82% from the average session volume of 5,525 shares. The stock had previously closed at C$0.12.
Acceleware Trading Down 8.3 %
The firm has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.12. The company has a debt-to-equity ratio of 16.42, a quick ratio of 0.53 and a current ratio of 0.19. The stock has a market capitalization of C$13.03 million, a price-to-earnings ratio of -11.00 and a beta of 0.79.
About Acceleware
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.
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