EnWave Co. (CVE:ENW – Get Free Report) shares were down 4.5% on Monday. The stock traded as low as C$0.20 and last traded at C$0.21. Approximately 40,910 shares changed hands during trading, a decline of 16% from the average session volume of 48,643 shares. The stock had previously closed at C$0.22.
EnWave Price Performance
The company has a market capitalization of C$23.74 million, a P/E ratio of -20.00 and a beta of 2.02. The company has a debt-to-equity ratio of 47.17, a current ratio of 2.51 and a quick ratio of 1.63. The company has a 50 day moving average of C$0.23 and a 200-day moving average of C$0.24.
About EnWave
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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