Enablence Technologies (CVE:ENA) Hits New 12-Month High – Here’s What Happened

Enablence Technologies Inc. (CVE:ENAGet Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as C$7.41 and last traded at C$5.20, with a volume of 14745 shares changing hands. The stock had previously closed at C$6.01.

Enablence Technologies Trading Down 1.0%

The business has a 50-day moving average price of C$3.45 and a two-hundred day moving average price of C$2.44. The stock has a market capitalization of C$106.05 million, a P/E ratio of -4.25 and a beta of 1.01.

About Enablence Technologies

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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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