Route1 (CVE:ROI) Hits New 1-Year High – Here’s What Happened

Route1 Inc. (CVE:ROI)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.16 and last traded at C$0.15, with a volume of 30500 shares. The stock had previously closed at C$0.14.

Route1 Trading Up 10.3%

The business’s 50-day moving average is C$0.14 and its two-hundred day moving average is C$0.10. The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31. The stock has a market capitalization of C$7.50 million, a PE ratio of -16.00 and a beta of 2.42.

About Route1

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.