Route1 (CVE:ROI) Sets New 1-Year Low – Here’s Why

Route1 Inc. (CVE:ROIGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.02.

Route1 Price Performance

The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The firm has a market capitalization of C$850,000.00, a price-to-earnings ratio of -1.00 and a beta of -0.16. The company has a current ratio of 0.31, a quick ratio of 0.44 and a debt-to-equity ratio of 8,864.92.

About Route1

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Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

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