YANGAROO (CVE:YOO) Shares Up 50% – What’s Next?

YANGAROO Inc. (CVE:YOOGet Free Report) shares shot up 50% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 309,814 shares were traded during mid-day trading, an increase of 933% from the average session volume of 29,991 shares. The stock had previously closed at C$0.03.

YANGAROO Stock Up 11.1%

The firm has a market capitalization of C$3.18 million, a price-to-earnings ratio of 5.00 and a beta of 2.08. The company has a quick ratio of 0.47, a current ratio of 0.58 and a debt-to-equity ratio of 139.86. The firm has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.04.

YANGAROO Company Profile

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YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

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