EnWave Co. (CVE:ENW – Get Free Report)’s stock price shot up 4.2% during mid-day trading on Monday . The company traded as high as C$0.25 and last traded at C$0.25. 17,000 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 70,308 shares. The stock had previously closed at C$0.24.
EnWave Trading Up 4.2 %
The company has a debt-to-equity ratio of 16.71, a current ratio of 3.64 and a quick ratio of 1.63. The business has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.23. The firm has a market cap of C$27.77 million, a price-to-earnings ratio of -11.55 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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