Acceleware (CVE:AXE) Shares Down 16.7% – Time to Sell?

Acceleware Ltd. (CVE:AXEGet Free Report)’s stock price was down 16.7% during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 108,007 shares were traded during trading, an increase of 374% from the average daily volume of 22,794 shares. The stock had previously closed at C$0.09.

Acceleware Price Performance

The company has a debt-to-equity ratio of -39.87, a current ratio of 0.18 and a quick ratio of 0.53. The company has a fifty day moving average price of C$0.09 and a 200 day moving average price of C$0.11. The company has a market capitalization of C$10.53 million, a P/E ratio of 5.95 and a beta of 0.79.

About Acceleware

(Get Free Report)

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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