Route1 Inc. (CVE:ROI – Get Free Report)’s share price dropped 25% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05. Approximately 373,400 shares changed hands during mid-day trading, an increase of 1,105% from the average daily volume of 30,988 shares. The stock had previously closed at C$0.06.
Route1 Price Performance
The firm has a market capitalization of C$1.91 million, a P/E ratio of -2.25 and a beta of -0.16. The stock’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.03. The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31.
Route1 Company Profile
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.
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