Acceleware Ltd. (CVE:AXE – Get Free Report)’s stock price fell 16.7% on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.08. 108,007 shares changed hands during trading, an increase of 384% from the average session volume of 22,318 shares. The stock had previously closed at C$0.09.
Acceleware Stock Performance
The stock has a market capitalization of C$10.53 million, a PE ratio of 5.95 and a beta of 0.79. The company has a debt-to-equity ratio of -39.87, a quick ratio of 0.53 and a current ratio of 0.18. The firm has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.11.
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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