EnWave Co. (CVE:ENW – Get Free Report)’s stock price rose 12.5% on Monday . The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 124,317 shares changed hands during mid-day trading, an increase of 153% from the average session volume of 49,066 shares. The stock had previously closed at C$0.24.
EnWave Stock Performance
The company has a quick ratio of 1.63, a current ratio of 2.51 and a debt-to-equity ratio of 47.17. The firm has a market capitalization of C$32.05 million, a P/E ratio of -13.50 and a beta of 1.77. The company’s 50 day moving average is C$0.23 and its 200-day moving average is C$0.26.
About EnWave
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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