Shares of Adacel Technologies Limited (ASX:ADA) dropped 1.1% on Thursday . The stock traded as low as A$0.44 ($0.31) and last traded at A$0.44 ($0.31), approximately 4,903 shares traded hands during trading. The stock had previously closed at A$0.45 ($0.32).

The company has a debt-to-equity ratio of 10.02, a current ratio of 1.97 and a quick ratio of 1.87. The firm has a market capitalization of $33.55 million and a price-to-earnings ratio of 5.30. The company has a 50 day moving average of A$0.55.

Adacel Technologies Company Profile (ASX:ADA)

Adacel Technologies Limited develops and sells simulation and software applications and services for the civil and military aerospace sectors in the United States, Canada, and Australia. The company offers MaxSim Tower for supporting local tower, and ground and ramp control; MaxSim Radar for radar and non-radar procedural training; MaxSim Mobile Systems that facilitates transport to alternative training locations; MaxSim Ultra 3D-Tabletop, an interpretation of standing ATC training tool; MaxSim in a Pod, an enclosed tower setup with a 2-screen front projection visual system; MaxSim Virtual Reality simulator; InSight Visual Systems, a 3D scene-renderer that provides enhancements to realistic visual scene performance and visual acuity; and Aviation Phraseology Training ICE, an application to master proper terminology and communications procedures in a non-intimidating environment.

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