YANGAROO (CVE:YOO) Sets New 12-Month High – Should You Buy?

YANGAROO Inc. (CVE:YOO – Get Free Report)’s share price hit a new 52-week high during trading on Monday. The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 6006 shares trading hands. The stock had previously closed at C$0.09.

YANGAROO Trading Up 17.6%

The company has a debt-to-equity ratio of 114.83, a current ratio of 0.72 and a quick ratio of 0.47. The firm has a fifty day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The firm has a market cap of C$6.36 million, a P/E ratio of 3.33 and a beta of 2.61.

About YANGAROO

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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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