Enablence Technologies (CVE:ENA) Sets New 1-Year High – Still a Buy?

Enablence Technologies Inc. (CVE:ENAGet Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$13.00 and last traded at C$10.00, with a volume of 69455 shares. The stock had previously closed at C$6.58.

Enablence Technologies Stock Up 52.0%

The stock has a market cap of C$210.70 million, a PE ratio of -8.40 and a beta of 1.01. The company has a fifty day moving average price of C$4.38 and a 200 day moving average price of C$2.80.

About Enablence Technologies

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.

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