Grande West Transportation Group (CVE:BUS) Stock Price Down 2.4% – Should You Sell?

Grande West Transportation Group Inc (CVE:BUS) shares dropped 2.4% on Tuesday . The stock traded as low as C$2.37 and last traded at C$2.42. Approximately 430,368 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 800,426 shares. The stock had previously closed at C$2.48.

Grande West Transportation Group Trading Down 2.4%

The stock’s fifty day simple moving average is C$2.42 and its 200-day simple moving average is C$2.42. The company has a debt-to-equity ratio of 55.32, a current ratio of 1.59 and a quick ratio of 0.38. The firm has a market cap of C$70.88 million and a PE ratio of -31.84.

Grande West Transportation Group Company Profile

Grande West Transportation Group Inc designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.