Route1 (CVE:ROI) Reaches New 52-Week High – What’s Next?

Route1 Inc. (CVE:ROI) reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.15, with a volume of 54440 shares trading hands. The stock had previously closed at C$0.15.

Route1 Price Performance

The company’s 50-day moving average is C$0.13 and its 200-day moving average is C$0.10. The firm has a market capitalization of C$5.74 million, a price-to-earnings ratio of -13.50 and a beta of 2.39. The company has a debt-to-equity ratio of 8,864.92, a current ratio of 0.31 and a quick ratio of 0.44.

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.