E Automotive (TSE:EINC) Shares Down 9.4% – Here’s What Happened

E Automotive Inc. (TSE:EINCGet Free Report)’s share price fell 9.4% on Monday . The stock traded as low as C$3.08 and last traded at C$3.08. 20,711 shares traded hands during mid-day trading, an increase of 122% from the average session volume of 9,344 shares. The stock had previously closed at C$3.40.

E Automotive Price Performance

The company has a current ratio of 1.13, a quick ratio of 1.20 and a debt-to-equity ratio of 13.56. The company has a 50-day simple moving average of C$3.08. The company has a market capitalization of C$163.15 million and a P/E ratio of -2.37.

About E Automotive

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E Automotive Inc operates EDealer and EBlock digital auction and retailing platforms for automotive wholesale and retail customers in Canada and the United States. It also develops, markets, and distributes digital retailing software for the automotive industry. The company was formerly known as eSquared Holdings Inc and changed its name to E Automotive Inc in December 2019.

Further Reading

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