Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as C$0.15 and last traded at C$0.14, with a volume of 138586 shares. The stock had previously closed at C$0.12.
Acceleware Price Performance
The firm has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.09. The company has a quick ratio of 0.53, a current ratio of 0.01 and a debt-to-equity ratio of -55.50. The firm has a market cap of C$18.61 million, a price-to-earnings ratio of -4.33 and a beta of 1.65.
Acceleware Company Profile
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets. The company's solutions include AxFDTD; AxHeat RF heating simulation software; AxRTM, a graphics processing unit accelerated Kirchhoff time migration solution; AxWAVE, a solution that allows customers to model seismic acquisition and perform data characterization; AxFWI, a revolutionary modular full waveform inversion application for providing subsurface velocity models.
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