YANGAROO (CVE:YOO) Trading 22.2% Higher – Time to Buy?

YANGAROO Inc. (CVE:YOOGet Free Report)’s share price shot up 22.2% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 198,538 shares were traded during trading, an increase of 292% from the average session volume of 50,708 shares. The stock had previously closed at C$0.04.

YANGAROO Price Performance

The company has a current ratio of 0.58, a quick ratio of 0.47 and a debt-to-equity ratio of 141.94. The company has a market cap of C$3.50 million, a P/E ratio of 5.50 and a beta of 1.91. The business’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.04.

About YANGAROO

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YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

Further Reading

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