CounterPath, Corp. (NASDAQ:CPAH) (TSE:CCV) shares saw an uptick in trading volume on Monday . 845,069 shares changed hands during trading, an increase of 431% from the previous session’s volume of 159,180 shares.The stock last traded at $4.63 and had previously closed at $3.79.
Several brokerages have recently issued reports on CPAH. ValuEngine cut shares of CounterPath from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Zacks Investment Research cut shares of CounterPath from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th.
The stock has a market cap of $20.85, a PE ratio of -9.08 and a beta of -0.12.
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CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
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