Appulse (CVE:APL) Stock Price Up 25% – Here’s Why

Appulse Co. (CVE:APL)’s stock price rose 25% during mid-day trading on Monday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 137,500 shares changed hands during mid-day trading, an increase of 338% from the average daily volume of 31,420 shares. The stock had previously closed at C$0.24.

Appulse Stock Performance

The stock has a market capitalization of C$4.43 million, a PE ratio of 10.99 and a beta of -0.70. The business has a 50 day moving average of C$0.23 and a two-hundred day moving average of C$0.23.

About Appulse

Appulse Corporation, through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally. The company is also involved in the rental of centrifuge equipment; and provision of maintenance services, consulting, and design advisory services to industries, as well as machining services for equipment repairs. In addition, it offers value-added services; and manufactures parts using machining and milling equipment. The company provides its products and services for food and beverage processing, and environmental applications, as well as serves the oil and gas, refinery, marine processing, and pharmaceutical industries.